San, sorry about your shorts, but specifically about Caesars wanting a sale (and "asking" $13 a share - even though they know they won't get that), and Carl Icahn interested in buying the whole shebang but saying $13 is too high (and Icahn also helped nix the $10.50 Eldorado bid as too low as he's already a big percentage owner and has stacked the board)...don't you think the sale will be for around $11.00 to Ichan? I mean he keeps saying he wants a deal where all shareholders are happy, so how can he turn around and take anything less that $10.50 now?
This doesn't sound like a good short candidate today at the $9.95 current price...if a deal happens it will be north of that. But...if you don't think the sale will happen...that's a different story.
Icahn knows these numbers pretty good, I'm sure. It'll be baked into his offer...