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Re: Bright Boy post# 331341

Wednesday, 11/18/2020 1:59:19 PM

Wednesday, November 18, 2020 1:59:19 PM

Post# of 699726
The warrants are frozen I am hearing thru the end of January 2021. If the warrant holders short against their warrants, how long they are allowed to stay short without covering those shorted shares? Legally I guess only 3 days. So, the warrant holders might sell their shares they are holding now for profit and sit on their warrants.... is a possibility. But if they keep on shorting or borrowing and shorting against their warrants, then they will be called Naked Shorts. BSB says there is no such thing in this digital world. All I know is trading is based on buyer and seller. Here the seller not only sells the shares he holds but also borrows and sells, what is called shorting. And when it goes out of balance in one's account and when one becomes too many, there will be demand for shares to cover. That time they have to buy it from the open market if I don't lend them ny shares. That will create a short squeeze.
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