Posted this morning by an admitted shortie. Nothing new in his piece, the same short thesis we have heard ad infinitum. Time proves if it is right or not. But expect some retail folks to exit today based on this piece. Seen it before.
Well, the exiting, so far, seems to be muted. Looks like his take on Dex Media is being absorbed as another amatuer retail short who's just entered (Like I say repeatedly, sucked in at the bottom here. He admitted in the article he just took the short " Two weeks ago, I shorted" he says in the article. 2 weeks ago DXM was trading at this price).
Inuendo, suppostion and clearly misleading personal opinions in that amatuer retail short thesis , as you say. Truly a pathetic attempt to exit at a profit as the stock has bounced 4 times off $9 range and with a new Q upon the markets. Options showing big volume in DXM for December $12.50 and $15 strikes. With 11 days to cover he may have a big problem, can't wait to see the man get crushed.
As predicted, the retail live-on-the-surface crowd are running for the exits. But anyone who has any knowledge at all of DXM and whats going on with it would shrug off what the hackjob shortie posted. He fails to account for many variables here, and makes the lowest common denominator argument about the Yellow Pages as his basis for shorting. So far, his mission is being accomplished.