I don't think so Billy. RR gave CI a gift buyout at $19 with a favor!!!!! You use this $ to finance us and your half billion $ investment will triple🍷🤔🍹🍸🍼
"Quit now or see it through"...Siri, Cortana, Alexa, Nina, Apple, MSFT, AMZN, Samsung etc. etc. One would think the so-called leader in personal assistants would see some interest. RR thought so, so he decided to capitalize on it by raising 300 million $. All the while, we get bent over again. How in God's name can he get away with this #$%$? He (we) buys back half of CI's position at $19????? He sells a huge chunk of his personal holdings at a multi year high ($21.35) and look where us bagholders are today. I don't have a clue and I truly despise Ricci. All that being said, I'm seeing it through!
It is simply unwinding of options expiration from Friday. Stocks that are heavily shorted tend to get whacked the following Monday. I am not worried and plan on adding mid-week.