The stock has traded side ways for the last three weeks on surprising volume average of 460k per day since Feb 13th. If the volume average holds up they will hold off the shorts. The last time I checked this was at 17 on a plus .49 day. I said and stand by my comment that the shorts will be able to break the average volume during this dull period, and their will be a re-entry point of 14.50 to 15.00. That's what I believe. You can have your believes all you want. Also the shorts haven't come yet cause on the offering they have a 30 day option to buy 600k more shares for 15.00. So if they exercise the option it's going to 15 thirty days from the original offering date. To many opportunities to re-enter at 15 to add more shares at this rate. Plus you get to hear the CC and where they stand balance wise and what are their plans with Groupon and Zynga shares? Will they hold them or sell them. Last time they had mentioned that Groupon they where holding to at least August of 2012. Gonna be a interesting call and see what the market reacts to when they announce where they stand on there investments. Will be a very shaky pps the next 14 days.
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