GREY:PGDIF - Post by User
Post by
schocoron May 24, 2018 4:09pm
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Post# 28077478
Shorting PGD - Thought Experiement
Shorting PGD - Thought ExperiementI love shorting stocks - MJ ones and mining ones in particular have been very kind to me. When you short a stock you are required to cover (pay) the dividends declared, which makes sense. I have never thought about what would be required from the shorter IF a stock were to declare a dividend in rights - as PGD has done many times. Someone who professes to HAVE shorted PGD in the past might have insight into this - although I am pretty sure they would have to have a CDN brokerage account to short PGD so I am dubious about their claim to begin with. As we have fully beat the dilution discussion to death, any comments on shorting/dividends declared as rights etc as they relate to PGD?