re: shorting CPG & Target prices---I don't short stocks, but instead I buy puts as insurance against adverse news; so I bought a wack of the Apr./2017 $16. puts @ $.90per & sold @ $1.14 this am.. That's .20c per 100. Not bad for a few days work.
---as far as target prices are concerned I wouldn't take too much solace in a money manager 'maintaining a target price' rather than increasing it after an earnings release.
---Johnnysback said...'CPG issuing new shares to buy SGY !!!!!!
CPG shares are going to get punished again.
Lol, Im just kidding I dont know if CPG is buying surge but typical of CPG anyway'.
Good one Johnnysback (it may very well be prophetic), but Sucksberg may be reticent to issue more shares while he is in the spotlight, but I wouldn't put it past him to do it again. It's an addicton.
carlos