GREY:MPRXF - Post by User
Comment by
hrattleon Dec 28, 2011 10:30am
178 Views
Post# 19354101
RE: RE: RE: Short position
RE: RE: RE: Short position WHAT DO THE SHORTERS KNOW THAT WE DON'T KNOW?
I have no theory on this. A short must be betting on a big drop, there is too much risk for a few pennies. MGP still has a reasonable prospect of hitting big at Headway - I don't expect anything until March or April but I would never bet that Headway is a dud. Madsen/Monument are unlikely to to move the shareprice up or down for some time and with no cash needs until perhaps May or June, holding a short position for that long seems crazy to me.
I guess, clutching at straws, it could be manipulation to push the shareprice down for a takeover bid and if so it is not working. Any other ideas on why shorters like this stock?