Posted On: 09/10/2015 11:06:21 AM
Post# of 11040
...the more pain they can inflict on the shorts...
Quote:
TEXASOIL Member Level Thursday, 09/10/15 10:55:18 AM
Re: EliteGeek91 post# 33424
Post # of 33473
IMO Elite the company is the one buying the majority of the 100+ million shares the last 2 days. They are buying up all the float they can. Then when they announce a buyout price for the remaining float it will not cost them as much as peeps think because the own 50-70% already. The more they buy at these levels the higher they can make the buyout offer. The higher the offer the more pain they can inflict on the shorts. JMO. They hate the shorts with a passion is what I see! Personal. We will see soon enough but so far this stock has did everything the gang of posters said it couldn't.
(0)
(0)
