Post by
go.faster@ymail.com on Jul 23, 2020 8:56am
Using Warrants to Cover a Short...explained!
Sometimes companies have to give warrants for financing- - this allows riskless shorting and covering on an almost endless loop - say you have some of the $4 and $2 warrants - the right to buy ALEAF stock for those prices at anytime through warrant expiration.....well you let the stock run and then when it gets deep into the 5's (for the $4 warrants) or even the 4's for the $2 warrants - well you can short the stock at will all the way up to the number of shares covered by the warrants....Riskless shorting because YOU KNOW you can always cover at $2 or $4 by exercising your warrants .
Comment by
penismightier on Jul 23, 2020 9:01am
So, pretty much the same as buying your warrants and then selling them. Got it.
Comment by
SkataNaFuss on Jul 23, 2020 9:52am
And this is one of the many issues that need to change!
Comment by
predawn on Jul 23, 2020 9:58am
not enough shares being shorted here to make a pinch of coon $hit difference
Comment by
stocktracker101 on Jul 23, 2020 10:14am
This post has been removed in accordance with Community Policy
Comment by
OldSchooI on Jul 23, 2020 12:40pm
Agreed, ST. Our business model is finally taking shape. This is the beginning of substantial profits, and it will out perform it's peers. Patience is key. AHLooong!!!