News Focus
News Focus
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Frontline19721

05/24/14 7:07 PM

#136511 RE: Goodspeed65 #136510

Brokers need to acct for every share
Their in deeeeeeeppppp shi#
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philipt631

05/24/14 7:12 PM

#136514 RE: Goodspeed65 #136510

Well bud they have a real problem now...the name and symbol change came out of nowhere...I wasn't expecting it on Friday before the holiday weekend and I am sure 99% of the others also.

Now instead of enjoying their three day weekend they will need to gather up their dollars (probably 5 times more than they expected) to cover their positions as soon as possbile.

They are hoping that no PR is released until after the market opens so they can hope for a quick dip but if it comes out before the markets opens they are royaly screwed.

I can see that some of them will lose all their profits and then some that they have made shorting the stock since the beginning of the year.

They are calling friends and relatives now trying to borrow $$$ to cover their positions.

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sharky

05/24/14 7:15 PM

#136515 RE: Goodspeed65 #136510

They should have known it was coming, now possibly stuck. They had ample time to prepare. We are surrounded by thieves, shorting is a nasty way to play IMO.