BTW, if it goes down little bit , don't sell shares - sell options. That's what I am doing since last couple of months. Last Thursday I sold 40 contracts of $14 strike @ .45 cents. I earned almost $1.7 k by Friday end.
If I find any company is doing wrong I would short it and wait for the result, but I wont try to manipulate other people's mindset to short it . It shows that ACKMAN is not confident in his short - its plain and simple, And in this market it's always easier to scare retail investors, because they do not have any insider information and they use their hard earned money. So, retailers always prefer to sell if they see anything negative on the message board or any short hedgy complains about any company. ACKMAN and his groups are trying to manipulate the retailers mind to take the PPS down. Don't you understand that? Why no big boys are selling here? As long as company fundamentals are strong why should i sell . Only because ACKMAN says so. This is ridiculous . Once FTC come up with their finding - then you can argue. No need to call meetings and gatherings every month with no substantial information. How long they can do that? COVER IT UP BABY. Delay would make the blast and squeeze more powerful. You would find no way to exit after another 6 months or so.
Haha ....Shorters become so desperate now. Though I don't have any position on this. I would like to see these shorter loose all their money. Longs don't sell any of your share. Let the float go down to 60-70M gradually. Market will decide eventually if company is doing anything wrong. This ACKMAN is a egoistic CRYING BABY. Just boot him out of financial world.