Sunday, July 24, 2022 10:03:10 AM
Hence, would a Short not be the one purchasing the shares in order to return them to the original lender?
For example, when the stock went to 0.80 May 13th and demand was unreasonably high, a Short would have borrowed and sold. And now when shares have dropped to 0.40s they buy back and return. Making a $0.3++ return per share.
I typically don’t wade into these shorts/MM debates as they seem to be a common dialog every time the stock goes down, but are never mentioned when the stock goes up.
Now, seeing that I admit to not being an absolute expert on these matters I will finish with the famous JMO.
There is of course the possibility that Perhaps the pps is exactly where the market has naturally taken it.
JMO
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