Quote:
Originally Posted by GregWeld
There's not much more to cover in this thread that hasn't already been discussed add-infinitum.... but just to use a SHORT SALE issue that I just heard them discussing on CNBC
SEADRILL (SDRL)
The shorts were HEAVY in this name ---- and just when they thought they'd killed it - the Billionaire that controls a lot of the company - announced that he'd raised half a billion in cash by selling his other assets in order to prepare for a big deal involving SDRL.... BAM!! Up 109% in the last FIVE DAYS... UP 60% just today!
That my friends - is how you get KILLED.
|
Luckily SDRL doesn't pay a hefty dividend. If it did and those shorts held shares on the ex-date then they would also have to pay those dividends to whoever they sold the shares to.