<Did R&R downgrade merely to take advantage of profits derived from shorting IDMI? It sure wouldn’t surprise me – being a forensic expert, I have seen surprising behaviors by opposing “reputable” experts apparently in the name of compensation. Where there is money to be made, graft and corruption are usually also found.>
R&R's "out," is that this is their "opinion."
Being a forensic expert, maybe you have testified in court. I have over 20 years legal experience, been through jury trials. Attorney's, experts, can be hired guns, who will say and do anything. I have seen attorney's and people not telling the truth in open court in front of a Judge and jury.
Anyway, my point, R&R could be just hired guns. IMO, a lot of traders got caught on the wrong end, shorting IDM. Maybe today, a lot of them had the chance to get out.
I was really curious about IDM's price action on the high volume, when it stopped at $3.88. Then Palo Alto filed, with the 5M+ share accumulation, and I thought, if that only got the stock to $3.88, we might go back down. But then again, we were under $1.00 less than a month ago.
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