interesting to see how this goes tomorrow. Apparently, these shorts are heavily into this game here. To keep this at $12 tomorrow, they might have to short 50K shares or more. Is it worth it to them to do that? what's their goal?
any short riff raff like beefstooge will get margin calls tomorrow and be forced to cover. This could get interesting
I can hardly wait for the margin call guys to start making the rounds. This will be excellent. How dare these guys short a company with no debt, positive cash flow, and improving overall financials. What were they thinking of?
The only thing interesting is how your pee brain doesn't explode from lack of use. You spout all these ridiculous numbers while the only one that matters (PPS) continues to plummet while the overall markets are hitting all time highs on a daily basis.
You should take all your pocket protectors and move on to something you have a clue about. Not sure what that would be but give it a shot.
so if they come out shorting, it will cost them about $1M today to keep this under $12. Then they have to pay 32.5c next week on these newly shorted shares in addition to the shares they already have shorted.
The short premise was BK or dividend elimination. Neither will happen. Time to move on.