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CPTMatt

02/23/18 9:51 AM

#45518 RE: hweb2 #45399

SCKT became hard to borrow at Fidelity sometime in the last day or two and has ~90k available to short. It'll be interesting to see how that number changes as we approach March 9th.

It is amazing to see how the stock price is holding to the lower end of the tender offer of 3.75. Even though it is a sizeable chunk of the O/S they're reducing I'd bet folks participating will get 20% or less taken (or if they aren't spreading it across all takers than I'd imagine they're going to take out the largest offers first which means smaller retail holders will be getting disappointed)