Sphere 3D Corp (ANY): The answer is yes legitimate Canadian sh...

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streamingeagle88

Re: ztockings post# 12393

Friday, 10/24/2014 6:35:04 PM

Friday, October 24, 2014 6:35:04 PM

The answer is yes legitimate Canadian shares are converted.

Naked shorts have a problem though. They sold shares that didn't exist and herein lies the malfeasance: THEY COLLECTED THE MONEY. And now they have to pay it back by purchasing real shares with their own money. And if the share price is higher than their basis they LOSE MONEY. And lose potentially lots of it. We will have new buyers, legitimate short covering and nakeds having to buy back too.....

Don't want to miss that free for all.

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