Taking out the day traders was a comment that Geor
Post# of 3601
"We are not worried about the stock price We will buy these people out."
Then in another email that same day he said:
"There are some very small day traders that we need to wipe out including the shorts, We will never go private I have a billion shares in this and I am buying more. Do not be concerned about the stock price right now."
George also said he was not concerned about the stock price on other occasions. He is either nieve enough to think that his actions do not affect the stock price... it's those pesky day traders and shorts, or he has a plan that we do not know about.
Using the words "buy them out" and "wipe out" is a disconnect for me. If the current stock price is part of his long range plan, it is surely working itself out.
In truth, it looks like day traders, small investors and non-believers have been unloading the last few days. But for every seller there is a buyer. Maybe it is George!