I still can't get my head around 37mill of BBG short sold it only makes sense if the majority of these sellers have large holding they can if need be sell into as we know at any time BBG could go into a trading halt with a offer....now I don't know off the top of my head the margins needed for the shares sold if say it's 30%......these guys short sold would be wiped out within minutes of a open after a trading hlt was lifted even on a low ball 1.50 buyout offer ...37million bids all fighting to get out...I can't wait....I'll be one of the guys jumping in front of them driving the SP higher .....
BBG Price at posting:
86.8¢ Sentiment: Buy Disclosure: Held