04-08-2013, 07:59 AM
Hmmmm, With 14 million shares short they really do not have much to work with in terms of getting it to drop. If deal is as imminent as we all think then I just do not see this happening. If it does it would be a great opportunity to load up, but I think far fetched even for the most manipulated of stocks.
My feeling is quite the opposite. An imminent deal will contribute to a nice rise in PPS daily.
This is why it is not wise to play options with IOC. Can't predict timing of anything.
My feeling is quite the opposite. An imminent deal will contribute to a nice rise in PPS daily.
This is why it is not wise to play options with IOC. Can't predict timing of anything.

