• Tom Guttenberger
    Volume and prices of HRBN Jan option chain very unusual, and preceding that news item!? Pretty baffling...
    9/30/11
    Reply (11)
    • rmorg: I haven't checked but I would imagine the action is bearish ahead of a potential SEC investigation and not the taken private faux claim.
      9/30/11
    • Michael Stuart: HRBN options have been weird for awhile. I remember looking into them after first fraud-cap report dropped.
      9/30/11
    • Tom Guttenberger: 10X volume of $10 puts for a theoretical 300% premium. Chain implied a $15 stock. Then ACHI they say a $24 buyout proxy on the way...
      9/30/11
    • rmorg: People are actually bidding up HRBN on take-out speculation. Why acquire a company that is on tape admitting fraudulent financial statements
      9/30/11
    • Michael Stuart: They're not all in though, notice that it's trading at over 15% discount to take-out price that occurs in less than 3 mos.
      9/30/11
    • Tom Guttenberger: Ya risk/reward shorting seems interesting here. 15% downside to 24. Again though, confused.
      9/30/11
    • Tom Guttenberger: I mean, betting on a proxy vote here...unless the entire story is a sham...
      9/30/11
    • rmorg: Have you looked into the fraud claims, backed by corroborated evidene, leveled against them?
      9/30/11
    • Michael Stuart: Check out where it dropped it to when the first report dropped before you buy. First fraud claim HRBN went to $5 from $14...
      9/30/11
    • Tom Guttenberger: Funny this is I just heard of this company yesterday haha, was reading through citron.Looked at other articles/comments,I'm no an accountant
      9/30/11
    • Michael Stuart: I've been following since Citron report first came out hoping for a cheap straddle, with puts as much as they are, not worth it :(
      9/30/11