Almost all the shorts entered in the 14-17 price range. By the time the stock sustained $20+, they were mostly all already in the position.
Shorts not only are getting a big painful hit in this name, they have been paying interest for a HECK of a long time throughout this process.
If we look at how many RTO going-private deals have worked out versus failed, I think someone could make a strong case to bet FOR the next buyout succeeding. Odds seem to be in your favor if you do.
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