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Bullboard - Stock Discussion Forum Brookfield Office Properties Inc T.BPO.PR.A

Alternate Symbol(s):  BRPPF | T.BPO.PR.C | BOPPF | T.BPO.PR.N | BKAAF | T.BPO.PR.P | BRKFF | T.BPO.PR.R | BROAF | T.BPO.PR.T | T.BPS.PR.U | T.BPO.PR.W | BRPYF | T.BPO.PR.Y | T.BPO.PR.X | T.BPO.PR.E | BKEEF | T.BPO.PR.G | BROPF | BKOFF | T.BPO.PR.I

Brookfield Office Properties Inc. is a global office property company. The Company owns, manages, and develops premier assets in the resilient markets. The Company's signature properties define the skylines of dynamic cities around the globe, including New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, London, Berlin, Sydney and Perth. From Brookfield Places in New York City... see more

TSX:BPO.PR.A - Post Discussion

Brookfield Office Properties Inc > Imagine THIS........
View:
Post by CrazyTrader on May 24, 2024 7:17am

Imagine THIS........

Company with NCIB bought back all shares exept 100,000 shares.... Which you own.  There's 100,000 Short.  

Company decides to REDEEM....

Shorts are F@#$....... You name your price.    $30....$100......$1000/share????

I don't know how it will work, just imagining things.
Comment by CrazyTrader on May 28, 2024 6:43am
This F@#$ up situation can only occur due to basically Share Printing through Shorting.   We have 200,000 share on the books instead of 100,000.    The Long has 100,000  and the orginal long has 100,000 "on loan" yet still required give the shares back to the company.   So, you have 200,000. All just my opinion/view/thinking/understanding...... reason ...more  
Comment by SONOFFERGUS on May 28, 2024 1:33pm
Crazy, your initial premise is faulty.  There are only 100,000 shares in existence.  Shorting doesn't change that fact. I think what you're on about is that the SEC tightened up rules on "naked shorting" -- that is, selling short without finding the shares to borrow -- and the Canadian regulators studied it and decided not to do anything.  That means it's ...more  
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