RE: SGN Votes Next Tuesday...ShortsMight be that someone shorted CHX to buy SGN. SGN has been trading at par value or less to CHX on the .67 share basis. If you could short CHX and use the funds to only buy enough shares of SGN to cover after the conversion, you get the warrants and the shares in the new gold company for free. If you could get the SGN shares for better than par value to CHX then you also pocket cash. Once SGN shares get converted, CHX short position is "magically" covered and about a half million warrants are free. Only risk would be that the deal does not go through, but that seems unlikely - free money if you have the resources and the fortitude.