Very very interesting to see that RAD short interest has more than double since 10 days.
That means that all those new short positions have been taken at these levels or close to in hope the share price could drop at 1,50$ or lower.
BUT unless something very bad happen, this strike price may not be obtained and to complicate the things for shorters, the way large stake holders are starting to manifest against the merger deal could mean that it may well be renegotiated at a better value.
IF that was to happen, a lot of shorters could be squeezed out and increased share value rapidly.
So this is not the time to sell in my opinion and by keeping these shares to vote against the merger ( i will be voting no) could change the value of RAD dramatically.
Time will tell but looking good
That means that all those new short positions have been taken at these levels or close to in hope the share price could drop at 1,50$ or lower.
BUT unless something very bad happen, this strike price may not be obtained and to complicate the things for shorters, the way large stake holders are starting to manifest against the merger deal could mean that it may well be renegotiated at a better value.
IF that was to happen, a lot of shorters could be squeezed out and increased share value rapidly.
So this is not the time to sell in my opinion and by keeping these shares to vote against the merger ( i will be voting no) could change the value of RAD dramatically.
Time will tell but looking good
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