Hi Sr K - but there is no indication why FY end has any relevance to the filing. I mean, one should trust Janus managers don't just wake up one morning and said to themselves "let's sell something" b/c FY ending in 3 weeks. They are go-go folks, but not this go-go! OTOH, my points are still unanswered [this is not directed toward you per se, since we are really engaging in academic discussion.] To the folks at Janus, if they ve lost faith in HLTH, it is better for them, and the morale of their shareholders, to not see HLTH in Q3 reports.
Analogously, companies routinely file for shelf offerings, does it mean they will issue stock and/or debt tomorrow? Unlikely.
I am not an organized person, but I believe most corporations don't wait until the last minute to do things. Besides, Janus folks are not stupid, they know what this PR would do to their holdings [this is not like filings like 144, that the seller has a 30 days window.] Why would they allow the shorts to lower their *returns*? To me, this is common sense. But I could be wrong, of course
best, Bosco |
