Wednesday, March 31, 2021 10:45:30 AM
In simplest terms it's like musical chairs. The music stops at COB 1 April 2021. They have to go through this process to award the dividend to shareholders of record. Naked shorted counterfeit shares will be called, they will be Id'd as Failure To Deliver, FTD. If they can't cover the position (they won't), the prime brokers have to go to the markets to cover the shares, then the squeeze.
The value of the warrant is the mechanism to force the shorts hand. The value 0f $2.75, for this purpose, is irrelevant. It may pay off when the squeeze starts.
Don't be focused on the strike price of the warrant, rather focus on the purpose of the warrant!
Good luck to all longs.
Recent GTII News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 01:41:01 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 01:39:24 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 01:37:45 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 01:35:31 AM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 02/21/2024 01:33:28 AM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/19/2024 01:47:26 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/19/2024 01:47:23 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/19/2024 01:47:20 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/19/2024 01:47:16 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/19/2024 01:44:38 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/19/2024 01:44:37 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/19/2024 01:44:37 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/19/2024 01:44:33 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/16/2024 05:04:23 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/16/2024 04:57:12 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/16/2024 04:45:15 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/16/2024 04:39:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/24/2023 03:33:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/24/2023 03:33:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/24/2023 03:33:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/24/2023 03:33:37 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 06:41:14 PM
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