TSX:BPO.PR.A - Post by User
Comment by
SONOFFERGUSon May 31, 2024 3:36pm
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Post# 36066843
RE:Why the C's traded above par for several years?
RE:Why the C's traded above par for several years?The issue we are having is you have built this short squeeze scenario in your mind castle. Nothing close to a squeeze will ever happen with prefs.
Read up on the GameStop squeeze and then tell me how the same could happen with prefs.
HInt: massive trading vols and options. Market makers -- both stock and option traders -- are allowed to trade naked and find shares later. Absent those factors, it simply can't happen.