Who profits, when shorts attack? Obviously, there
Post# of 72440
But, obviously the big money comes when a well-funded, well-organized group can take down a company that has had a run up, and that they think is vulnerable. When I say well-funded, well-organized -- clearly Mako did not have that backing today when he tried to take down OCAT. They said "eff you Mako" and the stock closed UP big. However I wouldn't discount the idea that he'll go crying to daddy and get the gang on his side tomorrow.
But beyond that, who profits besides the shorts who profit directly?
Could it be a well-funded group that wants to buy a good stock at ridiculously low levels?
Could it be people who think they'll be able to force a ridiculously lowball joint venture, partnership, or buyout?
Could it be someone who thinks they could swoop in with a horrible financing deal, and profit from the company's low price?
Think about it.