Meanwhile,while they are attacking the stock waiti

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Meanwhile,while they are attacking the stock waiting on Pru data,a "Deal" PR would put them in their graves.

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I'm pretty sure no one is shorting at this point without protection - far too risky with the potential for P results or a deal at any time. Since there are no call options available, anyone with a short position also likely has a long position.

For example, one might have a 100K long core position, and then a 30K long trading position + a 30K short trading position. When the stock predictably moves down, cover the short for a profit. When the stock moves up, sell the long position for a profit. Reload as desired. This lets one maintain a core position for the big news while still milking the ATM in both directions with impunity. This only works if you assume/believe the stock won't go to 0 but, for most of us here, IPIX fits that bill

Go IPIX!

All my posts are my own personal opinion and speculation. They should not be used as the basis for any investment decision. No, I am not Scottsmith.