RE: AA AND SIRIUS HAVE BEEN TALKING FOR 9 MONTHS !!14 Jan 2020 18:47
Shorts seem to have drop alot over the past few days, now down to 3.82 % from over 6 %. Presumably they have sold up as there isn't really anything left to short if the takeover happens in the next few days which now seems likely, no doubt some of these companys holding shorts had a heads up from someone, this whole thing skinks to high heaven, the bit about AAL and SXX being in contact for 9 months will most probably be explained away as the discussions were very informal blah blah blah, in the end how can anyone disprove that? we can't so can't nail him on that unfortunately, of course he should have disclosed that they were in contact with AAL but I guessing he will wriggle out of that one with something like 'we have always been in contact with many different entities with regards to the best way to move the company forward' blah blah blah, I'm not sure if legally he will have broken any rules, just morally, which isn't against the law, these people are very clever though arnt they, he sucked alot of people in and then dumped us when we were of no more use to him, that's how it feels anyway!