What are the risks of shorting Bear at $5?

The risk is that Lewis is getting the support of other shareholders (BSC employees hold ~30%) and will vote against the takeover @ $2 and ask for a little more.
 
the BSC is not a done deal, the shareholders are going to vote no.....BSC could trade as high as 8-10 dollars.

They said if you picked apart the company it has a value of around $7,000,000,000

JPM got a great deal at $250,000,000
 
It really surprises me how many people are saying that the deal is going to get rejected.

Things to remember about the BSC deal:

1) JPM secured the right to buy the BSC building, regardless of the acquisition. BSC gets kicked out of the building?
2) JPM is running the BSC balance sheet.
3) BSC employees have cleared out their desks
4) No one is working at BSC right now
5) What would you suppose will happen to BSC for the next 3 months, if JPM backs off on the notion that the bid will likely be rejected?

Having said all that, I'm short BSC from $5, but I did that on Friday when BSC was at 30.
 
Quote from lhakisalk:

It really surprises me how many people are saying that the deal is going to get rejected.

Things to remember about the BSC deal:

1) JPM secured the right to buy the BSC building, regardless of the acquisition. BSC gets kicked out of the building?
2) JPM is running the BSC balance sheet.
3) BSC employees have cleared out their desks
4) No one is working at BSC right now
5) What would you suppose will happen to BSC for the next 3 months, if JPM backs off on the notion that the bid will likely be rejected?

Having said all that, I'm short BSC from $5, but I did that on Friday when BSC was at 30.
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What's your source for the above? I was not aware of some of these points.
 
Quote from himself:

What are the risks of shorting Bear at $5?
What are the probability that these risks occur?
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Unless you have inside information I wouldn't touch it :)
 
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