PINL:GRPOF - Post by User
Comment by
Stocknewbie2017on Feb 10, 2018 2:54pm
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Post# 27539240
RE:RE:RE:RE:What does warrant mean?
RE:RE:RE:RE:What does warrant mean?They are selling now as we speak. They don’t have to wait until it closed. It was upsized due to their selling volume exceed what they expected. They want to keep SP at $1 until the deal close but too much demand cause them to short more. Trust me once the deal closed, they probably short around 10m shares enough for them to get the money back. Once that done, price will be more than 1.5$ for sure. Warrant is what they after. Just like put and call option
ote=Buster146]They are risking nothing they will be selling their 10 million shares as soon as the deal closes we will be a bit higher than 1 we will be at a standstill again for a week or so. They got their money back they gave now the warrants are their gravy it will be way over 130 they will buy and sell accordingly. [/quote]