Followers | 0 |
Posts | 130 |
Boards Moderated | 0 |
Alias Born | 02/01/2007 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, February 02, 2007 1:19:55 AM
Look at it this way, you own or have the rights to hundreds of millions of shares of NEOM however those shares are restricted until a registration statement is rendered effective by the SEC.
You have one of two options-- hold and watch the value of the restricted shares evaporate on a near daily basis or offset the position by opening a equivalent short position; effectively rendering you "flat" NEOM. When the 144A is lifted on the restricted shares you can use them to cover your short position.
This is Trading/Corporate Finance 101 my friend.
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM