Bullboard - Stock Discussion Forum CEMATRIX Corp T.CEMX

Alternate Symbol(s): CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers a range of problems facing the infrastructure, industrial... see more

Add To Watchlist

TSX:CEMX - Post Discussion

CEMATRIX Corp > Shorts?

View:

Post by Heynow27 on Apr 09, 2021 7:25am

Shorts?

I'm curious what you guys think about the huge increase in short positions? I don't care if we go down 50% I will just buy more but is there a catalyst for the shorts? Maybe hedging? Warrant holders shorting possibly?

139

Comment

Comment by vinmick on Apr 09, 2021 7:59am

Hedging of the recent PP. they are long the new issue, they short the stock to zero out their position. If the stock goes down they are basically zero return but protected. If the stock goes up over the warrant conversion price they are in the money, convert, sell and have a profit. That strategy is very common in the convertible debenture market to lock in a guaranteed return. & ...more

125

Comment