InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,408.42
(
-1.73%
)
US TECH 100
17,870.94
(
-3.09%
)
Dow Jones
40,345.41
(
-1.01%
)
Brent Oil
71.86
(
0.45%
)
Bitcoin
55,083.65
(
0.39%
)
Post# of 87250
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Honeycomb777

Send PM Follow Ignore
Followers 105
Posts 20514
Boards Moderated 0
Alias Born 06/30/2012

Honeycomb777

Re: TESLA777 post# 45862

Saturday, 03/07/2015 9:10:02 PM

Saturday, March 07, 2015 9:10:02 PM

Post# of 87250
So Tesla - I just want to make sure I understand this point as its pretty crucial to me:

I understand that shorts must cover as a new CUSIP # must be issued - completely get it.

Two things I need clarification on is

1) How long after they announce the reverse ratio do shorts have to cover? And as a follow up - is it like "halted" so to speak during the 20 days ?

2) Could the company still release PRs and news during this timeframe ?

I guess what I'm getting at is won't PPS have to rise as shorts MUST cover. What am I missing here ? TIA
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up