SCOX today
By Peter H. Salus
November 10 2005
OK. I know I'm an idiot.
Can someone explain why any legitimate
purchaser
of NASDAQ shares would purchase
50K shares of SCOX at $0.41 above where
is
was yesterday?
This is more than mere "painting" as the
"premium" is over
$20K (unless this is a
beard for M$, to whom it is chump change).
---
Peter H. Salus
02:13 PM EST
http://www.groklaw.net/comment.php?mode=display&sid=200511091822373&title=OT%3A+SCOX+today&type=article&order=&hideanonymous=0&pid=378189#c378613
By John Hasler
November 10 2005
> Can someone explain why any legitimate purchaser of NASDAQ
> shares would
purchase 50K shares of SCOX at $0.41 above
> where is was yesterday?
Because
he sold short at $16, needs to wind up his position, and that's the best
price
he could get.
---
Licensed under the GNU General Public License
04:49 PM EST
SCOX today
By Peter H. Salus
November 10 2005
Aha! shorted in Jan/Feb 04. What
a rude awakening.
---
Peter H.
Salus
06:05 PM EST
http://www.groklaw.net/comment.php?mode=display&sid=200511091822373&title=OT%3A+SCOX+today&type=article&order=&hideanonymous=0&pid=378710#c378755
Copyright 2005 http://www.groklaw.net/