11-03-2013, 12:15 AM
Sageo:
There's no way that the insidious Inglorious Basterds who have been shorting IOC know anything more than the rest of us.
It seems their last hope is that there will be no deal because there hasn't been one yet
AND ...
If there is a deal it won't support a PPS any higher than current.
Up until now the Shorts have gotten away with their strategy because many MANY Longs have been complicit in the past few years; they found it lucrative to loan their shares in abundance.
When the deal comes before the end of December, will the Longs all recall a major portion of their loaned-out shares in concert and cause a massive squeeze??
IOC top management is counting on it ... are they right or is it wishful thinking?
Time will tell.
There's no way that the insidious Inglorious Basterds who have been shorting IOC know anything more than the rest of us.
It seems their last hope is that there will be no deal because there hasn't been one yet
AND ...
If there is a deal it won't support a PPS any higher than current.
Up until now the Shorts have gotten away with their strategy because many MANY Longs have been complicit in the past few years; they found it lucrative to loan their shares in abundance.
When the deal comes before the end of December, will the Longs all recall a major portion of their loaned-out shares in concert and cause a massive squeeze??
IOC top management is counting on it ... are they right or is it wishful thinking?
Time will tell.
Drivel Maven with Personality