As of 05/31/2016 the short interest was 2.98M down from 4.45M on 04/15/2016.
It has not been below 3M for a long time, at least more than 12 months.
Any guesses as to who is buying? MM short coverage? Or, why?
I think the $25 price is for a poison pill hostile takeover.
Dropped 1.2M shares from 4/15 to 5/13. Wonder why?
That would be 8:30 PM Shanghai time. Sound about right? He should be 3 martinis to the wind by then. Should be a good Q1.
Have never seen a CEO get up at 5:30 AM on a Tuesday morning to give bad news.
Not much bashing either.
How about NEW 520 WEEK HIGH!!!
Go to the 10 year chart.
Only 3M left to cover?