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Bullboard - Stock Discussion Forum Global Gaming Technologies Corp BLKCF

Global Gaming Technologies Corp. is a Canada-based gaming industry investment holding company. The Company provides investment exposure to digital interactive entertainment in emerging technologies, such as augmented reality, virtual reality and artificial intelligence, in addition to e-sports and traditional games platforms, such as mobile and console.

GREY:BLKCF - Post Discussion

View:
Post by wembley on Jan 26, 2018 7:28am

Short cover.

Guys are shorting this stock waiting for the cheap paper to come free trading. Fact.
To get a share of the newco you need to own bloc.
If you own the cheap paper you will now keep it and take the free share of the newco.
If you are short Bloc you will also be short the Newco.
======== SHORT COVER.....

On a comp basis it now dwarfs Hive.
Comment by Razzyrazz on Jan 26, 2018 9:48am
I didnt find it clear but may have missed it but when did you need to be holding your shares as of or until? I have been long on bloc for a while. Curious as to the dates of holding that qualifies you for the spinoff shares and when they have to be held too. I bought a bunch of shares at the bottom of the whipsaw right before close on Weds and was going to sell them above two for a short term ...more  
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