Here's a thought...if spng gives it's shareholders say 1 share of gfgu for every 100 shares of spng we hold would the shorts have to buy gfgu shares to cover their position thus raising the pps of gfgu and in doing so would cause a short squeeze on gfgu in which would trigger a double squeeze and in some way help the pps of spng?? I am assuming approx. 500mm os. Just a thought....sorry if someone has already posted this secnario!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.