One more thing...A reason to short would be too lock in profits. something we are all guilty of not doing. They could lock in profits, get the cash back they laid out plus a few bucks and still have the warrants that would automatically get exercised if wave broke 1.90 for 10 or 15 days (or whatever it is) and give wave about 4 or 5 million more in cash. Not a bad deal if wave goes up...CL
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.