SHORT DESPERATIONThe shorts, if they have not covered, could be on the hook for HUNDREDS of millions of dollars in losses when a deal is announced.
What do you do in this situation? Anything and everything you can!!!
So, do you really think that this reporter from the times wrote 5 articles over the course of the weekend taking on AMCo? The Daily Mail and BBC all point back to his articles.
This was their end game, their last move. This was what they were planning to do to drop the price later, but the buyout news completely derailed their plans. You release an article every couple of days, and keep adding to the negative press during the week and cover each time the news hits, not all at once over the weekend.
Why would you release them ALL over a weekend? Anybody? Because you are desperate and time is quickly running out.
Same with the Blackstone and Carlyle walk away last week. If you don't see that as short orchestrated manipulation you are delusional.
This may be the last chance to buy at these prices. With these articles in the UK and the short pressure you can be sure that both parties have an incentive to move fast.
GLTA
Marcel