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Re: Boris the Spider post# 615594

Saturday, 03/07/2020 12:09:33 AM

Saturday, March 07, 2020 12:09:33 AM

Post# of 733162
Boris....IMO, the last few trading days in coop stock says a lot about the anxiety for the short sellers to cover their positions...It could be some announcement by coop management is imminent...I noticed that the DOW was closing toward the end of the day, but the MM were still hammering the stock at the close...now, there is no need for that, especially the recent report that coop had a stellar year in earnings for 2019, and trades with a P/E of about 4.5, according to TD Ameritrade, and sports a book value of about 22 dollars..so, in reality, this whole takedown of coop this week is really not about coop corporation but something else...they clearly want people to sell, and discourage people from buying...why else the hammer job, especially when 80% of the O/S is held by hedges and insiders? so, my take is that something big is coming to resolution soon...we shall see...hold and good luck next week...Lodas
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