Re: 5.5 million shorts need to cover
posted on
Nov 04, 2016 07:39AM
Yes, lots of speculation. Who's to say the Shorts are the same people who received the $0.36 shares?? If this is true, it's quite underhanded.
What if the Shorts are not the PO recipients and shorted PTK even further/lower during/when the PO announcement came out? If this is true, we may see a rebound in their panic to cover.