GREY:ALEAF - Post by User
Comment by
Toweringmarson Sep 21, 2019 9:38am
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Post# 30151202
RE:RE:RE:RE:short positions
RE:RE:RE:RE:short positionsNo, only way to loose the options is for the company to come to its senses and cancel them and reissue them at a proper valuation. Which unless shareholders unite will not happen. Ianthus did it becaus everyone voiced their anger and the stock went into freefall mode. Kind of like our decent from 1.03 to .92 in the last week. It’s almost as bad as insiders buying shares three months before announcing the Emblem takeover. Goodyear made out with a cool $130,000.00 buying in the .50 - 1.00 range and selling in the 3.10 range. That article I shared really answers the questions as to why cheap paper is bad and why it attracts shorts. I was rather bullish on the company until they did that. Now I seriously question managements self serving values.