Hey they follow the Amazon plan, increase volume, lose more, fools bid your stock higher. Just hope when the air goes out of these baloons it doesn't take everyone else down with them. I am still immensely confident this company is not around in 10 years but you'd have to be a fool to short it when profits are not a consideration to their shareholders.
If you represent the Short side, my confidence gorws by the minute. Obviously not going to zero unless the market is clueless like you seem to be.
I was buying more stock actually, different approach I guess
Why stop there? US mainland is technically insolvent and has been for years. Of course your dollars are worht less every day so getting them out of the bank doesn't do much for you either. Good lukc on thos short positions but frankly I'd cover before the market closes.
Technicals are horrible? Maybe focus on strong probability of higher bid or management having to reconsider current bid or simply secure dividend supports higher price.
just added FTR, already into CTL, thinking about WIN but probably good with 2 of these plays. It's a solid play on what people use all day long.
Premium for LEJU which has sunk like a rock since the spin out? Very disappointing to invest in Chinese stocks listed in US, very, very, disappointing.
"Additionally, Energy Transfer's bid for Williams could rise to around $70 per share, a price that would likely knock out potential bids from Kinder Morgan or Enterprise, analysts at Credit Suisse said in a note to clients."
Very disappointing but I'm out of this one and almost broke even. They could have considered buying at even the 6 month high price but why I guess do that when you control the company.
and that somehow is a good idea? another minimal, if any, premium on a speculative 5 cent stock that seems just as likely to go to 0