GREY:CRIUF - Post by User
Comment by
deisman03on Jul 17, 2018 8:56pm
128 Views
Post# 28330508
RE:RE:RE:RE:RE:RE:Hold tight
RE:RE:RE:RE:RE:RE:Hold tightSadie222 wrote: deisman03 wrote: marketsense wrote: For sure. Shorts are now covering in panic and they have been controlling the down and
now up moves in the stock. This type of volatility is not contributing anything but anxiety
and fear for most holders including myself. It's hard to stay calm in the face of this, but
that's what I've tried to do and hope it works out in the end. Feel sorry for those who've
been taken advantage of during this latest selling tsunami.
There was one silver lining to the short attack. The shorters had to pay the distributions, which means Crius didn't have to. Likely saved them a substantial amount of cash.
How would that work? Crius doesn’t know who’s short. They know how many shares are issued. They don’t know who has them past Computershare. Computershare will record the new purchaser as the shareholder of record, and he will get his dividend. The LENDER will get stiffed, so the shorter gets to pay a dividend to HIM. Crius saves nothing.
I don't see the lender getting stiffed. The lenders are unit holders. I don't see anyone getting a double distribution in this. Mind you, I will readily admit I am not familiar enough with how shorting payouts of distribution works.
I try to protect my investment by placing a sell offer of $15 on my units to keep them out of the hands of shorters. Not enough people do this.
GLTA the good folks here.