Wednesday, January 07, 2015 8:01:17 PM
Not to dispute Pepsi's theory of the trading activity recently, but another consideration is that a number of whales who are aware of this play (and the current desperate acts of the shorts), are perfectly happy to quietly hoover up anything anyone is willing (dumb enough) to sell, real or counterfeit, at these levels. If there are some smart fund managers out there who are on to this (via Credit Suisse conference exposure?), what better opportunity to accumulate a half decent position in such an illiquid stock, without driving up the price? AND at the same time make a direct hit on the shorts! If I was a fund manager I would be all over this like a hungry dog on a a Tbone.
I'm getting the distinct feeling the shorts are being quietly stalked as they play their desperate games.
I'm getting the distinct feeling the shorts are being quietly stalked as they play their desperate games.
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