RE:ZENA will trade over the conversion valuequinlash wrote: Short sellers are required to buy shares to exit their short positions. It is reasonable to consider there are many short positions still active on Zenabis stock that were taken out in the upper teens or even around .20 / .21. Those short sellers can buy back shares anywhere below where they took the short position out at and still profit so do not be surprised if the shareprice of Zenabis shares remains higher than the conversion rate to HEXO shares.
Short-sellers are best served up after a slow roast over an open campfire.
Q
- Long on the HEXO + Zenabis Combo
Once all shorters cover, mypuppy will be out of bashing job.