Was worth buying at 3.70 and now worth shorting at 3.87. I win on both sides.
Why yes, please do short and setup the potential for the mother of all squeezes
Carlson Capital increased their stake from 2.3 million shares in september to 8 million shares now - do you think Carlson will be willing to sell to ECP, the stated purchaser of ES, for just 3.75? Me thinks not - so good luck with your short.
Tight stops holding a bunch long. Deal is $3.75, big debt with ES, not worth fighting over.