I would like to take this opportunity to share with you my thoughts on NVIV. I ask for your patience in that I have never participated in a blog before, nor have I ever attempted to write for public consumption. Before going any farther it’s important to state for the record that I am long, actually, extremely long, NVIV. I’ve chosen to break this discussion into three parts: 1. Shorts and shorting, 2. Where We Stand, and 3. My Closing Scenario. All comments herein are mine and mine alone. I’m not much on he-said-she-said, and third-party gibberish. I’ve done my own due diligence; I’ve discussed the facts with experts and people that I trust; and the conversations that I’ve had, were one-on-one.
When it’s all said and done the only conclusion that can be made is that the shorts executed a brilliant plan, well researched and patiently applied. They did their homework and identified a much overbought stock, with a significant retail base and a CEO who was prone to making promises he could not deliver. They organized their members, prepared the appropriate pronouncements, and waited patiently for the perfect moment to act. When this moment occurred, they executed their plan flawlessly, and created panic among retail investors. Whether you love them or hate them, you can’t deny the shorts were hitting on all cylinders for the last two weeks. As a general rule it is safe to say that most people do not understand shorting, and they believe that people who engage in this activity are evil and out to steal from others who’ve worked hard and long for their investments. I do not share this opinion, as I often short myself. (For the record, I have never shorted a single share of NVIV as I do not consider the float to be significant enough nor are there any practical ways to hedge the short. As such, I would consider it too risky.)