Incidentlly I have written to GWGO (Great West Gold) twice to ask them why anyone could hope to gain from shorting their shares when they are paying special dividends of supposedly valueable shares.
((I'm still not clear Mike how those naked short sellers, and/or the broker, could come up with the shares that would be due to all who are holding those additional shares created by the shorters. Cash I could understand)
So far I have had no response from GWGO. I'll pass it on if I do.
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.