BBG 0.00% $1.05 billabong international limited

merchant open to new takeover bid, page-15

  1. 4,994 Posts.
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    also the elephant in the room is what the shorters do....once any offer comes on the table.....they will start to close again right?....like they did in feb..?

    anyone who sold yesterday in my view was either shorting or a holder who got a margin call/margin pressure.......i can't think of any other rational reason why a person would have sold yesterday otherwise at a loss?
 
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