So what happens to a shorter who took out a short position at sub 11.00 or 12.00 if we get a TO offer at 25-30.00? Is is a case of throwing themselves out the nearest window? Or does the BEOT have a contingency for such things? Because yes, as Nutbar says, if I was short on NEU right now, with our leadership at the JPM conference, the FDA news ready to drop, I'd be shi**ing bricks frankly..
Loving the price action yesterday and today. I didn't have big enough stones to buy sub 10, but the last parcels I grabbed were 12,60 and 13.15 so they're in the money.
This is (I feel) now the beginning of the end for our beloved NEU.
GLAH - especially the long-termers.
NEU Price at posting:
$13.25 Sentiment: Buy Disclosure: Held
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