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Post# of 8449
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Chas1961

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Chas1961

Re: CHM_760 post# 971

Tuesday, 07/02/2013 2:25:13 PM

Tuesday, July 02, 2013 2:25:13 PM

Post# of 8449
Perfect Storm

The shorts actually have the perfect stock at the perfect time to cover. No threat of R/S. No major news pending. Merger approval probably known ahead of time. Selling originally into merger approval but then taking total control at the 2.50 level. This worked out perfectly. I just have to believe they have to run out of steam somewhere near this level. With so much upcoming news I am sure they are very happy and made some great money. I can't be mad as that is the market.
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Volume:
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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