What makes you think the fall has anything to do with management or even the shorts for that matter.?There are a lot of 40 calls out there and the MM does not like to lose money.A lot of reasons this could be down but regardless,not a lot of buyers stepping up to support it.
Lubell built a brand and then destroyed a company. All that cash and not a clue what to do with it.The company had so much potential but greed and egos got in the way. Too bad they did not sell it when growth was on fire. Now the price just keeps floundering. Looks like it will tank after earnings. Can not figure out why the large shareholders/funds have not tried to remove the Lubell cronies from the board a long time ago. Oh well,still a great trading stock.
Still think this is going to tread water for a while. Alls those calls that are out there that are due to expire next week are not going to help.I really can not see this staying too much above 40 before expiration. But who knows.
Folks hyping the squeeze at this point are either naive or just those sellling stock to novices on the pump.
True squeezes are rare. The large short interest can actually serve as a barrier to this going higher. There s a tremendous amount of money behind the short position. These people are not all neophytes. They are playing to win. No doubt some have protected themselves with options. But the big money likely have an exit strategy in place.They can no doubt keep this in a range for an orderly exit if they choose.
Too many folks look at the huge short interest as the mobile to propel this higher when in fact it can be the anchor that keeps it down. This may change but it will take real and concrete numbers and guidance. Not just all the conjecture we keep hearing.In the meantime this stock is the playground for shorts and traders.
Seriously? Did you really expect it not to sell off after the pop at the open? This stock is a trader's dream and until there is more than anedoctal evidence to suggest strong sales nothing has changed here. The pumpers and bashers. will continue to try and manipulate the fools who rush in and out or hold on to that pipe dream.
Yes and just like clockwork Sterne Agee reiterates $65. Time to send it back up.
Don't know if this will help much. Word on the street is that bidders are falling by the wayside due to golden parachute aand other self serving demands, Word is longs are going to get scalped.This will make Custer's last stand look like a picnic. Good Luck.
Absolutely I am nervous.. Those tax hikes are going to be murder on our windfall profits here. Lets just hope that the announcement that the company is not for sale comes before December 31st. The way suitors are falling like flys no doubt it will be in the next week or two.
Generous insider options are still in place to rape wealth from the company. The board remains stacked with Lubell cronies and Jeff's 25 million dollar golden parachute is still safely in place whether they sell now or at 15 later as profit margins and growth continues to shrivel. No worrys. All is well in TRLG's world.
Naw. Others just realizing what shrewed investors knew all along. Lubell's ego will not allow him to sell the company. Likely returning to teens when all offers are rejected. Sorry.