Yes, I just did some math on that. If the PPS hovers between .10 and .20 AND the 6 additional shares are issued, the long will probably make a small profit.
But so will the short depending on the trigger points.
But if the short had already covered their position they owned before Oct. 16th even last week, took profits, maybe even closed their account, would someone go look for them and force them to take on the 6 additional shares in another short position?
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