GREY:EORBF - Post by User
Post by
avenuemanon Dec 02, 2012 1:28pm
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Post# 20672206
shorting
shorting Alumina1
If i am holder of the Convertible and it goes above 3.50 and i want to sell, i will go short the stock (as i am fully hedged) get my proceeds and still collect my 8% on my origional purchase. Unless there is a call feature ORT may not get its funds for a while. Plus even as it trades below 3.50 and i am a note holder i may consider shorting .