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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: farmerboy who wrote (96822)2/15/2008 9:34:24 AM
From: Philip W. Dunton, Jr  Read Replies (1) of 206325
 
Thanks for posting the Citi company flash, Farmer Boy. Beyond the Citi report, it is interesting to note that the professional short sellers, aka hedge funds, have been playing the pending release of the PIPE units on the short side. There has been a huge increase in LINE's short interest since November. At some point, these short seller have to buy to close out their short positions. In the meantime, they have to pony up the quarterly payout. This could make for some interesting price action in the near future.
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