Post by
Rookie89 on Feb 28, 2017 10:33am
short interest down to 3,286,879
I thought this was going bk guys, why you all leaving the partys so early?
Comment by
DeathPool on Feb 28, 2017 10:45am
Some IB's called in some short interest and there was some forced short covering. It happens. Chapter 11 restructuring is a very real possibility and the bull thesis that "this comopany is not going bankrupt any time soon" is not a good reason to invest in any company. Valeant is headed down the drain too.. gotta be painful for anyone who is long here.
Comment by
MrHulot on Feb 28, 2017 10:46am
Only the inconsequential loser shorts who aren’t on the memo list are still here.
Comment by
DeathPool on Feb 28, 2017 10:48am
Hmmm.... Shorts are the winners here. Sounds like you are the one losing and there is still 100% downside. Good luck.
Comment by
MrHulot on Feb 28, 2017 10:54am
StoolBreath, the genius of the short thesis was timing. The party is over. Everyone has left or is leaving. You and the other Cockroaches will be left cleaning the ashtrays and doing the dishes.
Comment by
TraderBen on Feb 28, 2017 11:02am
Agree with you DP. I think MrHulot is either severely underwater or a paid pumper. He is blaming the shorts because he needs someone to blame for his poor investment decision in this company (other then himself)and calling them coackroaches makes his losses more palatable? I find bangholding psychology fascinating!