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Re: The Rainmaker post# 1947

Wednesday, 07/18/2012 12:50:54 PM

Wednesday, July 18, 2012 12:50:54 PM

Post# of 68424
You don't view this as short covering? I'm seeing small sales and then large coverings on my L2. Sure, retail traders could be selling in fear of post-merger madness. This could also be a final attempt to shake weak hands before the news.

Or do you see it differently? I know you're out on the stock, but are you also out on the options? I'm out of my VRNG stock but I'm still holding my options. I just don't think I can bear to be out of this - if I were to miss the settlement while I waited for the price to normalize, I could miss catastrophic gains. JMO.