/biz/ - Business & Finance

>>58598322
>They need 5 billion dollars
>proceeds to do nothing with it
Bravo Ryan. Them moving the earnings report four days prior was the most kiked shit I've ever seen.
Literally had they kept their fucking mouths shut and waited until the 11th this piece of shit could easily be sitting at $80 in the after hours by now.
>>58598344
>at this very point right now they can not afford to hedge the amount of calls right now.
It would have been extremely bullish if the price was still sitting at $60, instead we get fucked.
We have 75 million shares of dilution. Selling brings the price down, which causes calls to shed their delta hedge, inducing more selling, accelerated by shorts coming in, which brings more calls otm, and forces more selling to shed more delta.
Add on people closing calls this weekend to capture what little profit they might have had.
It also makes DFV plan to exercise his 120,000 calls much less threatening now that almost 6x that amount just got dumped into the company's inventory.

NONE of this is bullish. The fucking share offering isn't even being used, it's just billions of dollars sitting in a bank, or purchased for bonds.