Msg. 42984 of 48237 (This msg. is a reply to
42983 by
amrwonderful)
Jump:
I actually do think the 70's would have happened if dealreporter had put out that the $1-2 billion was part of a consortium (vs single bid). With 8 million shorts, news of a consotium would have lit a fire! Plus, we had 3 great up days that IDCC didnt share in.
I guess though we'll never know...
I think you are being too nice. It wasn't just misleading, it was deliberate. The 70's would have never happened unless there was news from IDCC. At the time there 8 + million shares short, there is no way the stock would have gotten into the 70's. DealReporter was complicit in the takedown, so whomever they are connected with, could take the stock down and do a whole lot of covering.
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