GREY:BLKCF - Post by User
Post by
wembleyon Jan 26, 2018 7:28am
226 Views
Post# 27438679
Short cover.
Short cover.Guys are shorting this stock waiting for the cheap paper to come free trading. Fact.
To get a share of the newco you need to own bloc.
If you own the cheap paper you will now keep it and take the free share of the newco.
If you are short Bloc you will also be short the Newco.
======== SHORT COVER.....
On a comp basis it now dwarfs Hive.