InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,502.58
(
0.36%
)
US TECH 100
19,311.20
(
0.24%
)
Dow Jones
39,269.27
(
0.27%
)
Brent Oil
85.20
(
-0.26%
)
Bitcoin
61,545.71
(
-0.11%
)
Post# of 34471
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

DLouis

Send PM Follow Ignore
Followers 5
Posts 232
Boards Moderated 0
Alias Born 06/30/2010

DLouis

Re: None

Thursday, 09/16/2010 10:48:09 AM

Thursday, September 16, 2010 10:48:09 AM

Post# of 34471
smart shorts left the building this morning
only rational short position rested on belief that company did not have the cash they claimed to have. if they really did have that cash, well then they really did have those earnings, and it was only a matter of time for them to use the cash to fund buyback and/or dividend.
all shorts should leave the building before the company:
1. actually starts deploying cash to buy shares
2. announces a dividend
3. updates guidance
any shorts left in the building after all that happens will burn
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 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