SFX Entertainment Inc. (fka SRXEQ)

[236T568]

hmmmm, you do understand, don't you, that Sillerman's $1.75 cash offer, just like his two other offers, is never going to close and that there are no other offers at greater than $0.50 per share.

and since SFXE is hemorrhaging badly each month that passes, the other offers are going to drop in price.

What do you think is going to happen to the SFXE stock price when investors realize this?

Share price has been over a dollar 2 days in a row now. 8 more days and SFXE regains compliance so big woop about the notice. Also they have until April 12th to regain compliance so big woop again about the notice. No one with any experience at all is going to give a damn about that notice because it effects nothing at all. You might be able to scare some rookies though. If they are stupid that is.

I am surprised some shorts did not cover before close. Very risky for them not to have. Shorting in pre market was smart or at open was smart. I get that. I don't get not covering late in the afternoon though. Way too much risk not to have for my taste. The right kind of rumor or plan or PR or whatever could come out and be a huge risk to shorts. A failure to maintain a minimum bid pps notice which effects nothing right now isn't going to help shorts at all. Good luck though. You might need some. One could have shorted at 1.50 and had plenty of opportunity to cover at 30 to 35 cents less a share and lock in that profit. For those that chose not to do that I have to say is bewildering to me.

Maybe I will be wrong though and since I am playing with profits I can afford to be wrong. For a short I would hope each short was smart enough to cover to an amount to at least get their investment money out.