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sprtcrdlui

03/17/17 6:09 AM

#23714 RE: Monte_Cristo #23712

500 mil shares of $ICLD shorted last 12 Days. When the R/S is Done by $ICLD. Will they short another 500 mil shares of $ICLD



GLMRF

03/17/17 6:45 AM

#23719 RE: Monte_Cristo #23712

Now you are thinking correctly. Only outstanding can be reversed. Once that is done, they will start dumping authorized 500 million shares at higher prices which will cause the stock price drop. So eventually price will degrade to same levels since number of shares will be back to over 500 mil but current shareholders will only have 1/4 of their original share count. But do not worry, you can always chase this pipe dream and buy more. Shampoo, rinse, repeat!

Trading4it

03/17/17 3:35 PM

#24488 RE: Monte_Cristo #23712

Happy to see when someone actually knows what he's talking about. Can you share your thoughts on why they hang on to the Applications and Infrastructure segment? It seems to me they would want to spin that off as it appears to be low margin business. I apologize, I'm not familiar enough w/this to know how much of a necessity it is to the rest of the business. tyvm & glty