InvestorsHub Logo
icon url

3Angels120702

11/07/19 12:10 PM

#84070 RE: Magnum7419 #84063

Shorts dont have to cover with a name change or cusip change or merger. You're just now short a different stock. Many do cover tho as a merger might mean a big price rise...not necessarily on the otc
icon url

AC7880

11/07/19 12:11 PM

#84072 RE: Magnum7419 #84063

Yes, we all know the symbol and name will change. It will STILL be a OTC stock 10 Jan 2020 after the name and symbol change.

No one shorts a triple zero stock. Cost prohibitive and horrendous risk/reward ratio.

First of all the symbol LIBE will be gone in 2020 and so will their cuspid number( which means shorts are screwed ). IMHO