RE:RE:RE:BBd.a $1.35 34 mln b' shares shorted and only 103320 BBd.a shares as of nov 20 . The behaviour of A's and the unusual volume goes beyond a short squeeze for A's.
the sustained huge volume for A's and to some extent for B's and a price spike from $0.40 to $1.35 today tells us there are some game changing developments are in the cards.
bbd could be an enviable takeover target and maybe the price offer is being negotiated with the family. If A's reached today 1.35 , then we are looking at probable $1.50 USd offer per share considering a premium to a sp in such deals.
no matter what, theb's look now way too attractive
clubhouse19 wrote: I don't know how many shorted shares were covered causing the recent spike, but the O/S short position for B's as of nov 15 was only 34 million shares.
I would think as the volume indicates, they had plenty of time to cover.
That's the effect of allowing naked shorting has on control of the SP for the benefit of the baystreet brothel.
bbdaerospacecnd wrote: Shorts might wake up to an alternative reality after the weekend. They hold a train load of b's shares
quote=bbdaerospacecnd]Offer is brewing for takeover/privatization?
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