RE: Kill the shortersLarge posted: "We are playing a game. Set you limit sell orders on RVX between $52.88-$53.09 and set the date to April 12. That way the broker can't short your shares."
In general, this is often a good idea. But be careful with this stock. If you believe/hope/expect the buyout to be north of $50, and you either don't monitor the markets on a regular basis/are going on a holiday, etc., you might want to be careful. We have no idea what the final buyout price is going to be, and we also don't know how much of a premium will be built into the buyout. Say for example if the buyout is $100 Cdn, we may see a rapid increase in SP prior to the actual news, in which the SP may go from $25 to say $70 quite rapidly. Or it may sit at well below FMV and then have a larger premium built into the buyout. All I'm saying is be careful with this strategy if you are hopeful of a buyout in excess of $50. Don't want to get caught selling your shares before you really want to.