Maybe that is the reason no one wants to buy any slmu even though the price is much cheaper than the 6 to 1 conversion. The shorts are trying to scare them by saying only MM's shares will get tendered.Also some owners who believe that lie start to sell their shares that they own of slmu. Every share anyone owns of slmu will get tendered. You can't pick and choose who's shares will be tendered. There would be law suits all over the place. People start using some COMMON SENSE.
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.