It would appear that this is one of the prime candidates for tax-loss selling, which I believe is going on right now. Probably not a lot of risk or missing out on any big rally by staying on the sidelines till around December 18 or so and then swooping in and also collecting the divvy. This is especially true with all of the strong economic indicators, which indicate rates will be going up, thus making their dividend relatively less attractive.
Listened to the earnings conference call for one of the suppliers of equipment/services to the Tier 1, Tier 2 and Tier 3 Telcos and they indicated that they had less orders from FTR for their product because they appeared to be cutting back on Capex in the area they are in (which involves upgrading to faster internet speeds.)
If that is the case, then it is good short-term for shareholders, but might lead to some competitive issues in the years further out.
Stock lawsuits which are later settled for fees to the lawyers with nothing for anyone else but a waste of time.
That is why he has this absurd, irrational hatred for a stock; otherwise why would he waste his time since there are vitually no shorts, so that clearly is not his motive. Troll?? Maybe...goes with esposing himself repeatedly.
Not a lot of volume, but best, most recent indication as of 3:30 AM ET 10/7
Why would someone intentionally suppress the price of a rising stock? They are selling stock that has a strong uptrend. Not like there is any meaningful short position to scare people for. Not like there are market makers since these trades are "Smart" trades.
Is that reverse arbitrage ; )
That is more attention than he is getting on this board, so maybe he will do it again somewhere ; )