Chalice Brands Ltd CHALF

How cannacord makes money on glh...

[SlyestFox]

Convertible arbitrage is a trading strategy that typically involves taking a long position (buy) in a convertible security and a short position (sell) in the underlying common stock. The goal of the convertible arbitrage strategy is to capitalize on pricing inefficiencies between the convertible and the stock.....so while they short it and drive the price down, the company continues to give the debt holders more and more shares, which they continue to sell to further drive the share price down, while increasing their short position in the company and making money on the way down as well as from dumping the hundreds of millions of shares that were gifted to them from management.