BRCD has a huge buyback program was approved by the board last quarter. Watch the big money works from now all the way till the year end. Stock is way too cheap.
Close below $89 is a bad sign.
This is the stock has come down from $362 a share. Do your math, shorts.
Ackman added more shares between $100 TO $110. The billionaire John Paulson hold on his entire position of VRX and a few other large funds as well. This is a war between Citron against many big funds. I will be careful if shorts decide to continue following Citron. Last warning.
Be strong and have faith.
Will be interesting to see how it ends.
Would you prefer to follow the shorts or to follow the guy that bought 21,000 shares for almost 1.9 million dollars. Truly it does not take a high IQ to make the right choice.
That's nearly 1.9 million dollars of the purchase.
If you have gotten very lucky to short at the top today, it will be smart to cover by the end of the day. If you don't, you will be seriously trapped and killed tomorrow.
My target price of $120 already extremely conservative.
It has no business to be traded less than $120 at all.
Two very large blocks were bought at $90.35 and $90.50 between 9:30 to 9:50 based on 10,500 shares each.
Saw that on Level II.