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Non-Tech : Emcore Corporation (EMKR)

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To: Hawkmoon who wrote (542)5/2/2008 1:38:35 PM
From: The Ox   of 640
 
...making EMKR a potential takeout target.


This is another reason why there may be such a large short position. The acquiring company may be trying all it can to keep the price as low as possible. If this is the case, its working like a charm. Paying 50% over today's price or 50% over the mid-teens would be well worth the money spent shorting the stock.
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