Former corporate raider Irwin Jacobs is spending several hundred thousand dollars to place adds encouraging a short squeeze to protect his multi-million dollar investment in Conseco:
streetmonkey.com
CNC has 325 million shares outstanding and around 65 million shares shorted.
On Irwin's side: Irwin Jacobs, Gary Wendt, Tunica Abenenica, Softechie, Austin Powers
On the Evil Shorts side: Those Whose Names Are Too Holy To Mention
The purpose of this board is to:
(1) Provide a forum to discuss the merits, or lack thereof, of attempted short squeezes; and
(2) To make fun of Irwin Jacobs. |