We are under short attack (SEE POST FOR HOUSE NAMES)After seeing a post yesterday about the debentures financiers potentially shorting MGW I had reached out to my contacts on the street as I too shared this feeling. I have all but confirmed there are houses holding short on MGW (Instinet, Jitney, RBC and Anonymous to name a few).
I believe the debenture financing syndicate is led by Canaccord Genuity Corp. and including Cormark Securities Inc., Dundee Securities Ltd., Mackie Research Capital Corporation and Echelon Wealth Partners Inc.
The motive to short is to have a better average cost on conversion of debentures. Your plot has been uncovered and there will be consequences.