Post by
DeltaVega on May 19, 2016 3:44pm
Why don't SHORTS Cover? They made enough on CXR
What would happen if an BO is announced at $80CAD. Whould the Shorts get burned to hell?
Comment by
Kisu on May 19, 2016 3:48pm
Perhaps they don't believe a buyout will happen. As the price increases the more expensive the buyout becomes. If the strategic review results in an announcement that there will be no buyout, what will happen to the share price?
Comment by
sunshine7 on May 19, 2016 3:54pm
Then its back to fundamentals which are quite strong and will get stronger as the year progresses.
Comment by
CNInvesting on May 19, 2016 3:54pm
If a BO takes place, by now the price at which it will happen is most likely determined. Only the premium relative to the SP ( if SP moves up ) will vary. They won't readjust all the time. If no BO, the SP would most likely contract because it's starting, among other things, to be considered in the share price already. We'll see.
Comment by
cavinsin on May 19, 2016 4:06pm
Not really, not to hell, but they will certainly get burn for the difference , between borrowing their shares and buying it at the price to cover, got it my friend??It likely will be $ 25 from here, not so good, in my opinion