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tlogan
on March 18, 2013
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EA CEO John Riccitiello Steps Down
Not sure about transformation - I never saw anything good in their books not in plans. My understanding that only reason why EA stock up last 3 months is because it is heavily shorted stock.
josh2600
on March 18, 2013
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Sorry, how would being heavily shorted drive the stock price up?
tlogan
on March 18, 2013
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Short squeeze (they also call it dead cat bounce) or shorts are just taking their profit off the table. In this case, it is just "dead cat bounce".
emp
on March 18, 2013
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The short are taking their profits - buying to cover their positions.
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