GREY:RVRCF - Post by User
Post by
factRbeston Jul 17, 2017 10:52am
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Post# 26476194
Look at the short trades
Look at the short tradesAmazing how a sub 20 penny stock can attract the attention of short trading.
Especially when the spread is at best 2 to 3 pennies.
Then you look at all the paper sitting on the sidelines waiting to beprinted (warrants).
Well if someone has warrants that are a break even they can use them to trade to box.
Basically a covered short sell.
One who decides to short are or around the warrant price really can't lose.
If the share price rises they exercise the warrants and cover the short at no expense.
If the share price drops they can cover the short and pocket the difference.
We all can thank Helipcoter Rob for this situation.