Callon Petroleum (CPE)

[TuMaRu]

Works both ways -- temporarily -- and in CPE's case they'll let the shorts do their thing and bring the stock below $1 again, as if to justify their reverse split decision. Let's see.

I'm sure everyone knows that the same Institutions that supposedly hold million of shares (long positions) are often also shorting it (some other group, division, team in the same company) and even if they aren't shorting, they most certainly hold the bonds. That way, even if a stock under-performs and the company sinks towards bankruptcy, they're assured of getting paid. Double dealing, naked shorting, its all good ...