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StreetSweeper Covered All of its Jive Software Short on May 8th

Related JIVE
Jive Jumps On Speculation About Potential Suitor

Prior to the publication of this investigative report, TheStreetSweeper (through its members) established a short position in JIVE with the intention of profiting on any future declines in the stock price. Currently, TheStreetSweeper has sold a total of 93,529 shares of JIVE short at an average price of $23.91 a share. It covered 15,539 shares on May 3 at $23 a share, 21,461 shares at $22.77 a share on May 4 and 27,600 shares at $22.63 a share on May 7. It covered the remaining 28,929 shares on May 8 at $21.84 a share and no longer has a position in the stock. Going forward, TheStreetSweeper may choose to establish a new short position in JIVE and will fully disclose the details of any future transactions in the stock as those trades occur.

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