RE:Data Room Open....Hostile Bid ComingNews alteration at its finest.
“I think there’s an 80 percent chance it has to be acquired," Hymowitz said. "I don’t know if it will survive on its own, to be honest." - Bloomberg by Doug Alexander May 1.
Also news was published on May 1, SP at that point was around $7. Yesterday HCG was up 10% then neutralized. As far as I know the public shorting is unavailable due to shares unable to be borrowed, it would only mean the big boys were off-loading.
And what kind of an advisor you are talking about? The wealth management ones where you pay 1.5% on your millions of dollars or the retail advisor. They are quite different, in terms of credibility.