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by Xichekolas 6080 days ago
I remember at the time thinking they were a prime company to short. Their case was absurd from the get-go... it's amazing it took so long to implode.
1 comments

As I recall, the value of SCO stocked rose and dropped quite a while ago and in a predictable way, even before the trials began.

I also recall it being impossible to short SCO since said stock was not available to be borrowed and sold, ie, the stock may have gotten up to $12/share but not very many shared were actually sold at that price.

I also recall that, at at least point, SCO was able to maintain their operations primarily through an investment by Microsoft, an "investment" which just about everyone could see would not turn a profit but would provide MS value in "other ways".

This is just my memory, so corrections are welcome...