So we have people speculating about JP Morgan shorting the stock.. then a day or so later the AFR reports Sycamore is lowering their bid?? Great timing by these sellers once again.
The video comments made by the analyst in the video below on The Australian's website is, shall I say, not exactly encourgaging. I won't go into further details as I know if I even mention the lines of thought that analyst is saying there, there'll be uproars of 'downramping' by other posters...
http://www.theaustralian.com.au/business/mergers-acquisitions/billabong-in-halt-ahead-of-update-on-bid-process/story-fn91vdzj-1226636537459
Geez am I glad I got off this train wreck of a stock after they resumed trading a few weeks ago.
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