Replies to post #4589 on Box Ships Inc (TEUFF)

[Toxic Avenger]

Either they know or think it's likely to go bankrupt, or they can't hold a penny stock or they needed losses to offset other gains.

Those and any other guesses are equally likely.

[fink]

Maybe the delisting forced him to cover his position.

I don't play too many delistings from the big boards.
Does it have the same effect as a R/S or divi?

Hedgie can hold anything any time was my thinking. But if they are holding a short position with their MM pals, it might force a cover or sell.