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Eagle Hill Exploration Corporation V.EAG



TSXV:EAG - Post by User

Comment by kajekon Mar 20, 2010 6:58pm
351 Views
Post# 16906842

RE: OK - So I am gonna be called a basher but

RE: OK - So I am gonna be called a basher butWhy would anyone holding warrants would ever short the stock? This is about the story of 20c warrants holdrs shorting stock from 50 to 2 to make money.
Firstly, those are most likely people participating in PP who actually believe that company will do well. Why would they those options and warrants in the first place.
Now, if SP jumps to 50 , I'm buying my warrants for 20 and if I want, I sell for 50 making 150%.
I don't see where to plug that shorting he mentioned in the original post.
Am I missing something?
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