Post by
quinlash on May 16, 2023 1:20pm
RE:RE:RE: Some numbers to keep in mind
Skater,
I know you are holding a short position on the stock and you are in the money (on paper). In order for you (and every other single short) to take a profit you need to cover your order which goes through as a BUY on the market. In order for your order to successfully fill you require someone to post their shares for sale.... that's where the kicker comes in... the stock is so beaten down that all of the investors who got tired, got worried, who needed their cash for other things etc... they all sold already.
How do you expect to be able to cover your short... if there are not enough shares out there for you to do it unless you start to offer a higher price to do so.
Tell you what... I will post 1 share for sale... at the highest possible price... just so that I can help you out of this bind.
Best Regards,
Q
- Diamond on HEXO
Comment by
Skater on May 16, 2023 1:29pm
I do not hold any position, short or long. You could be right as to why Hexo has held up so well compared to the conversion price offered by Tilray. Doesn't make sense to me, but IMO seems likely that the Tilray offer is the only choice (not sure you can call it a choice). I wish you well with your Tilray stock. Skater