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therivetman

12/05/10 9:16 AM

#7462 RE: therivetman #7460

On Sierra Wireless a year or so ago....


The shareholders decided to put all the shares they owned for sale well above the ask to stifle a short attack....the rally was unreal...rose 50 percent on the Monday Alone and never dropped till the shorts were finished buying back. Sometimes it works sometimes it doesn't but it gives shareholders a weapon. Never leave loose share lying around if your company is a target of shorts....Put them for sale well above the ask and watch what happens.