GREY:CRIUF - Post by User
Comment by
deisman03on Jun 12, 2018 8:51am
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Post# 28158554
RE:Shorts....shorts......shorts...?
RE:Shorts....shorts......shorts...? The proportion of shorts is small. Even during the attack their numbers weren't great but it doesn't take much to knock a company down with enough media help.
The shorts are waiting around for a distribution cut. Either that or a couple of bad quarters in a row.
There may actually be NOTHING WRONG but once a management team gets a bad name???????????? This adjusted team has to prove itself. They haven't had time to do that yet. It could also be some of those shorts don't have the money needed to cover??? Shorting is a knife that cuts both ways.
An 80% payout ratio isn't all that high in comparison to some trusts.
The deal offshore to acquire a company which appears IMHO to be a SHELL company is disturbing to me. I can't find anything out about it.
That money would have been better spent in North America, especially disposing of SOLAR. That's going to cost them as well. They won't just be able to walk away from it without some litigation to cover their contractual obligations. That was a real screw up.
GLTA the good folks here