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Tuesday, July 19, 2016 9:01:03 PM
Longs? Anyone who bought in after ZIOP paid Anderson $57.5 million in shares for the partnership deal....not so good. Although those who bought in back in October of 2014 around $2 or $3, they'd still be up...although they're probably kicking themselves if they didn't take any profits at $10+
XON shareholders who got free divy shares, they're obviously green at any price, although they too are probably kicking themselves if they didn't dump and take the money.
Who's buying right now? My guess is its probably short players covering to crystalize some awesome gains. And with all the uncertainty right now over the trial and the need for further financing on top of the ambulance chasers investigating....Overall a good time to cover off imo, when demand should be very low.
Who knows...they may just reload and short more going forward, maybe even try and pump it back up.
If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.
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