To note if the leak is true and the stock gets pounded it's unlikely one would get the opportunity to short the stock. Ref SEC rule 10a-1 (aka "Uptick Rule).
For Reference: http://www.forbes.com/2001/10/04/1004short.html
But bottom fishing would certainly be in order. Question of course is where is the bottom when a stock takes a hit?:)
Cheers!
To note if the leak is true and the stock gets pounded it's unlikely one would get the opportunity to short the stock. Ref SEC rule 10a-1 (aka "Uptick Rule). For Reference: http://www.forbes.com/2001/10/04/1004short.html But bottom fishing would certainly be in order. Question of course is where is the bottom when a stock takes a hit? :)
Cheers!