So who knew about the bid for SMS on 8th May - shorted 16,000 shares and a few more last week. I figured it had to be a shorting job - Pity I didn't look last week. They are a $1.05 / shr company capitalised at $210m. Ok they are part of Nomura (japan) but they have to find $124m for SMS. Can't see this floating!
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So who knew about the bid for SMS on 8th May - shorted 16,000...
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