RE:RE:RE:RE:Some short covering in the last reportI think hello nailed it as I mentioned first time the short number jumped. Warrant holders who short aren't hedging, they are locking in their price. As hello said, they can accomplish the same thing faster,easier,cheaper with cashless exercise.
ManitobaCanuck wrote: Could they be hedging some of their potential gains by going short ?
Helloworld wrote:
What benefit would shorting provide warranty holders compared to simply cashless exercising and selling resulting shares? Seems cashless exercising and selling would have much less downward pressure on prices and would allow them a higher avg price.. unless I am missing something