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-14% after-hours. A close friend in a long-short fund I know will be celebrating this news all night. Value investors, I salute you.

You weren't kidding:

Brutal.

This is what I said/discussed over 200 days ago:

It still has another billion to go (now at an equity value of $2.56bn), I guess that shorting now hasn't got the upside/return it had 200 days ago.