In a public forum you must declare how many shares you are long or short and at what price.
they are doing this because something big is coming soon. They know the news before any of us do. If this were going to zero then they wouldn't of covered but probably added to their short position. Chanos was in the process of covering when he announced he was still short VRX. It is all a scam. The delayed filings are just an attest to that point. Real time information is all that matters. jmho
that shows by the 23% reduction in the short interest over a 2 week period. Something is up. Retail players, long or short, that big money knows whats going on weeks before they do. They are the sheep.
haven't heard a peep anywhere
They come out 6 weeks after the close of the quarter and tell you if someone was in 6 weeks ago or not. It means nothing unless the fund comes out in real time and say "we bought x amount of shares" Past means nothing.
all institutions are covering knowing a deal is on the table. Otherwise short interest would of been flat to down. These are big institutions that are covering not small retail guys..
should be interesting this weekend
I think if they ipo'd B&L and Salix and changed the name of this company you would see this stock trade over $100 overnight. A lot is contingent that this rumor is true. I think the company needs to comment if this is true.
ipo would give you $60+ pps
they don't have to say anything