RE:RE:RE:RE:Ink Research published that the shorts have returned to pouYes depending on the ACB of the existing shares in the account that he exercised his options in he could trigger a captial gain. However, I am pretty certain that the sale of his exercised options triggered a larger capital gain anyway unless they were exercised in a registered account making the tax implications/benefits moot. Hence I think I just answered my own question but thanks for the discussion guys. I just couldn't wrap my head around why he would do it now.
GL Fellow Investors. ;-)