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Saturday, April 24, 2010 12:25:06 PM
These shorting programs are all computer generated and run by some young kid in tennis shoes who doesn't know or even give a crap about who, what, when, where or why. They will know they are in trouble when the news hits and this thing is trading so many shares the computer won't be able to track it.
As for letting some CEO know.....he pays somebody else a lot of money to watch this stuff. ANd contrary to what jackrix says you aren't going to get his telephone number anyway. I have been dealing quite a bit with the people at Etrade in the last month or so and they are looking at the stock and have no idea first that they are one of the major MM's that are going to hammered (they shorted Medinah for many years on behalf of a hedge fund) and second that this thing is going to rocket when this news does come out.
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