Post by
ridethewinners on Feb 10, 2024 10:38am
re: options
There was no need for anyone to lend the director funds to complete the transaction. It could easily be handled with a delayed settlement. Common practice.
It is very unlikely that the seller is aware of who the buyer is, or vice versa. These trades are usually facilitated by brokers, it is routine and not exceptional at all. It is also likely that the purchasers were a large group of investors who do no know each other. The brokers who facilitated the trade may have fed them back into the market for a few days. That is the normal course of trading, especially on small companies like this. One of the things GRA has done well is to attract analyst coverage, and that would allow traders to find buyers more easily.
Pretty much all of our shares are available to be lent for short sellers, and that is just fine with me. It keeps brokerage fees low, as the friction cost is revenue for them.
I am hoping there is a massive growing short position, because if the company delivers on the business expectations they have to cover at some point, and that increases the demand as prices rise. A short squeeze can be really fun if you are positioned long. Shorters provide liquidity, and it is an accepted part of trading. It is not something to be worried or angry about, unless the company involved is incompetent or fraudulent, and then the shorters win, as they should.
Best of luck