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Richie, I am not shorting at these "current" levels. I have been shorting, covering and reshorting BRLC since the $6-$7 range last May. I still have some shares left that I haven't covered and therefore I have disclosed I am still short in the article. I am not worried since my last short was around the $2.50 range and even if the stock triples from the current price, I would still in the green.
Feb 29 17:19 pm
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All Comments by Samuel »Will Syntax-Brillian Survive? [View article]
I am simply summarizing the events and terms of the agreement as from what I read in other blogs, some retail investors do not simply comprehend what was disclosed in the 8-K and how bad it is. I do not know if it is the legalese or simply some people are too "in love" with a stock and can see nothing bad about the company.