Post by
88guy88 on Mar 13, 2023 2:35pm
Mr Obvious says.....
shorts are holding on and NOT covering because they believe "there is no takeover" and that will be announced along with management reassuring everyone that they have a fantstic strategy for growth going forward which they don't.....so it should be an announcement of no takeover and reassuring the investor base that everyhing is going along just peachy.
Shorts know or are betting that Thursday morning the price is gonna get slammed!
Comment by
Steve33 on Mar 13, 2023 4:34pm
I think the price is already baked in as far as no deal.
Comment by
retiredcf on Mar 14, 2023 1:17pm
Never mind that about 6 weeks ago we were over $6.00, our SP is currently 11% below where it ended up the day after the announcement of a review (23 Nov - $4.89). So I think your "baked in" comment is pretty accurate. GLTA