Bonk, how'd the conference go?
Word has it Bonk is Whitney Tilson, no posts today, cause he's at the Robin Hood Investment seminar. lol
its all orchestrated, the shorts know the article is coming, and time their short raid to coincide with the artlcle' s release
This is nothing but a genuine "old fashioned bear raid from the thirties", a wolfpack of short money pools in a planned attack simultaneously. The little guy's money is what they're after, and the regulators watch and do nothing......
option marketmaker is the other side of the transaction to buy puts. He is a seller of puts in delta hedging his position. He therefore exercises his short sale exemption and sells the common to accomplish his delta hedge. In other words, the big short hedgies force the marketmaker to be a seller of the stock, by "borrowing the marketmakers short sale exemption". This creates more selling for the short players. Also, yes they use the published sell recommendation to trigger the sell attack by the big hedge funds. The regulators are asleep at the switch in stopping these bear raids. all orchestrated by a group of short sellers.
Octardius, you're the biggest short basher on the Interoil board, what are you doing over here? Your bosses send you?
Bard owned 50k+ shares of DBLEP, largest instit holder, noone near that much. appears they are moving out of the position. That's my bet. Not necessarily anything has changed, they just made a decision to exit. just my opinion, but this looks like someone wanting to close out an extremely thin stock, and this is what happens.