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Re: $hellKing post# 20709

Tuesday, 06/05/2018 5:33:42 PM

Tuesday, June 05, 2018 5:33:42 PM

Post# of 28511
I'm not shorting either. But the only risk in the tlnuf-axxa situation was that the broker never receives the axxa shares, which they eventually had.

So the idea was to short on the ask and help the price go up. Which might be what's going on with ltgj??? no idea.

And I know about the 2.50$ per share. But I'm just saying what the broker told me. When it's a corporate action it is "normal" to short the new ticker and wait until old ticker shares are available and that automatically covers your "debt". But with a pink sheet corporate action Questrade does not take any risks.

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