InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,648.40
(
1.01%
)
US TECH 100
19,050.40
(
1.19%
)
Dow Jones
41,563.08
(
0.55%
)
Brent Oil
77.00
(
0.00%
)
Bitcoin
59,175.72
(
0.11%
)
Post# of 8469
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

flptrnkng

Send PM Follow Ignore
Followers 39
Posts 6173
Boards Moderated 0
Alias Born 04/03/2007

flptrnkng

Re: Iggy_Bot post# 5930

Friday, 12/14/2007 11:21:10 AM

Friday, December 14, 2007 11:21:10 AM

Post# of 8469
Here's next

A 19000% increase is meaningless given the inconsequential short position.

Screaming !19000% shorted! is either naive or dishonest, or a little of both.

It's another data point showing why the deal is not likely to happen as described. The short position stands to make about $5K if the stock goes to zero. If the deal goes through at .49/share, the short position loses about $50K.

Regards


Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up