CBL & Associates Properties, Inc. CBL

$CBL

The opp here is so HUGE, I actually dumped another stock, for a $6200 loss, to ride this train.

$CBL

Also.. very clear to me, from watching level 3 all day, there are one or two VERY clueless short sellers, who are tightening their OWN noose. It is quite a pleasure to watch. :)

$CBL

What does this means for short sellers?

It is NOT good. Short sellers are currently facing a short trap, should they decide to continue short selling, or not cover.

Book value is > $3, on CBL. 89% of the stock is held by institutions and insiders. Of the remaining 11%, 1/2 have been sold short. In other words, we are facing a BIG SQUEEZE on this stock.

$CBL

CBL considering chapter 11, by OCT 1, simply to facilitate renegotiation of debt.

IN THE MEANTIME, there is a VERY HIGH probability that will never happen. WHY? Because, given their holdings, and free cash, there remains a HIGH probability of merger or acquisition. NEWS to this affect could hit any minute.

$CBL

Shorts are going to be trapped if they announce what I think they are about to announce

$CBL

Just have this feeling CBL is about to rip straight up

$CBL

ANOTHER 411 PRINT

$CBL

30 minutes ago, there was a 411 print that stayed up for a while. Announcement is coming. I think it is an acquisition or a merger

$CBL

89% of shares are held by institutions and insiders

Of the remaining 11%, 1/2 have been shorted. What that means, is, a BIG ASS SQUEEZE is coming

$CBL

$3 A SHARE AMAZON ACQUISITION NEWS WOULD BE -NICE-