drakes353:
I stand corrected. As a short, you did say there would be no buy-in/buy-out (B/B) at a significant premium to market price. As a long, I said there may be no need for a B/B for the company to succeed.
Why then did I use the word "screwed" when referring to how shorts in this stock treat ABTX? Well, when a long exercises unbridled passion, he generally tries to help a company. When a short exercises unbridled pessimism, it is done to damage a company. OK, everyone must live with that and we do. As a short, you have the right to bring negative information to everyone's attention that will listen. As a long, I have the right to try and refute the shorts argument. In the case of ABTX however, It seems to me that those who have large short positions in ABTX are pressing every advantage to put this company out of business. Why else would such a relentless barrage of negative press be issued at just the right moment each time an opportunity arises? No drakes, IMHO, it is more than taking advantage of "Those unrealistic expectations...fueled by JT's comments and silly price targets for what a potential buyer/partner would pay." If that's all I thought it was, I truly would congratulate you as any competitor would. Since I think more advantage is being taken here than is justified, I call it getting "screwed". You call it what you will.
John |
