RE:Trader scumI don't think this guy "Johannn Schoener" is a shorter.
He just desparately NEEDS shares, and has found out in the last weeks that it's not easy to build a good size position in the current market, with all the good news on the horizon, and with the recent bullish institutional analyst reports (Cormark, Cannacord after Paradigm). He knows enough about GIII to realize that once the "financing secured" pr is released, in one of the next weeks or months (these things take time!!!) the days of GIII below 2$ never come back anymore. 5$ will be cheap. So he creates a new handle and tries to scare a few longs. He probably had a position earlier but forgot to buy back in September.
Something like the Freezer boy a few months ago, maybe. He's definitely not here to "warn" us :-)
good weekend to all longs