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Saturday, January 25, 2014 12:11:23 AM
20 M short shares were sold @ a $4 average (some @ $3, some @ $5.) If later everything comes our way, the pps rise to $20 a share. So what? 20 M shares X $16 ($20 - $4) = $320M only. If all 20 M short shares were all from google offshore hedge fund, $320M (max amount, provided they didn't make any $ thru. shorting vrng for the past 24 months) is just pocket change to larry and sergrey. That is why I think they will short the hell out of vrng no matter how high the pps is.
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