To the thread-- Reference to the short campaign that is unfolding---
With 2,000,000 shares short and about $20,000,000 in capital expended, what price target could the shorts be shooting for? Could they be trying to close the gap previously talked about between 6 and 8? Besides balls of steel, and assuming they are not stupid, what else do they have or know that has been overlooked on this thread? It would seem to me that an unexpected positive company announcement, that could happen any day, would adversely hit their position. The previous short sale campaigns in TRBDF had warrents and preference shares at their disposal as an exit strategy. I don't see how they expect to get rid of 2,000,000 shares without getting caught . Especialy after all roadblocks to Turbodyne's success have been removed (EPA approval, OEM contracts, etc), short selling this stock seems a risky business to be in. Any thoughts to explain these contradictions would be enlightening.
CT |