RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:my targetSupermercado,
I'm okay with your short thesis and why, but I still feel a bit sorry for you. Ben Axler is an activist short, which means he is a master in distortion of facts within the regulation law. He already cover around the 7.5 to 9 area a long time ago and you are here holding the bag at 13 +$. To invest in his fund you need a minimal of 500 K and you'll get ahead on all the short thesis. It is not by chance that his short thesis was lauch just before the year end 2015, he wanted to capitalize on the incertainty surrounding the management over the bonus and on how baystreet felt about it ! He was right AT THAT SPECIFIC TIME. He made a killing in his short and cover quickly. AT year end, he now enjoys a much healthier % increase in his fund because of it (he was not making money for his client before Intertain).
But go on with your short ! I'm actually happy we have a couple of shorts on this board to create a healthy discusion
When are you gonna brings new informations or issues ? I don't know and don't think you can also.