RE:RE:Short questions.??Shorts positions do not need to be closed before the merger. Shorted shares if not covered before the merger will get transfered over to TLRY and also get the 0.8381 haircut.
I guess we are going to have volatility for a while with the market mover whip-sawing this up and down looking for shares to cover. It feels almost like the market mover is going from bear to bull and back to bear to shake the swings so wildly up and down. Shake shake shake moves.
BigBozzMan wrote: I was about to ask a similiar question in that do the shorts have to cover their positions and return the shares prior to the merger?
Do the books have to be closed and the new Tilray shares take effect. It doesn't amke sende that the shorted APHA shares also get transferred to shorted Tilray shares.