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Thursday, April 23, 2020 9:42:52 AM
LG,LP ET AL have always projected confidence all the while ROME BURNS.
Letting the warrants expire worthless could force those holders to purchase at the market to cover which would theoretically lead to higher prices depending on the true number of shares shorted.
they could also slow cover their short now under 19/20 and exercise the difference in warrants anyway to lock in the price.
without forcing a price explosion to the upside.
and with limited resources financially, hopefully they applied for PPP for small business and can get some cash
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