GREY:BLKCF - Post by User
Comment by
sailor1986on Jan 26, 2018 2:17pm
99 Views
Post# 27442804
RE:RE:This could get ugly
RE:RE:This could get uglysailor1986 wrote: Shorts won't be getting any new shares. They gonna have to buy new shares to return them to the original holder. Same like with dividends paying stocks. When you short the divi paying stock you have to pay the dividend to original owner your bank borrowed shares. Please correct me if I am wrong.
My opinion what's going on today shorts are scrambling to bring sp down to cover to avoid buying new spinco shares. Please collaborate with me on this one.