Replies to post #25144 on Box Ships Inc (TEUFF)

[munhoi]

I think the note conversion therefore was completing sometime Friday and the market makers continued to short and also did not cover the previous days shorts leaving several million left naked short


I know my calcs are not perfectly precise but they are in the ball park if you analyze the shares traded during the conversion period august 14 thru oct 20 2017 and it all points to a complete conversion during late Friday afternoon will market makers not covering their shorts and left several million naked short right now


anyone else come with different conclusion let me know - I believe I am very close with my approx. numbers