there's not much gains to be had to short at this level. I'd expect them to start closing soon. I just don't like the SP returning to 8's just because of shorters covering... Management need to look at why shorters see this company as a ripe target.... I'm hoping its not a sweetheart deal Laz had with BoA but he was a former investment banker so god only knows what the terms were....
I'm in heavy in the 6's as I see this as the floor. don't think it'll go to 5's. We can only hope the SP eventually reflects the companies growth - and shorters stop targeting it. The ball is in managements court. imo this sp swing will continue until May next year
Z1P Price at posting:
$6.90 Sentiment: Hold Disclosure: Held
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