OTCPK:EMMBF - Post by User
Comment by
blackgold909on Jan 11, 2017 2:06pm
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Post# 25695151
RE:Hedgies getting kicked in the junk......
RE:Hedgies getting kicked in the junk......
If guys are hedging that implies they are long the stock in some form (thru the PP) and are therefore happy to lock in the gains. Your "short squeeze" thesis on the bears doesn't hold much merit given any available borrow would have been taken down by accounts that were long the $1.15 PP (thats the first thing people do is secure any available borrow). Rest assured as we get closer to the free trading date, sellers will come in all directions - that is your biggest risk as a holder of the stock.