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Jimmy Joe

05/18/24 4:12 PM

#20741 RE: MoneyMaker111 #20732

Things like that have been tried before with other tickers.
The only way to take care of these naked shorts is by mucking them up financially where liquidity is as dry as the Sahara.
Just my opinion.
Bullish
Bullish

janice shell

05/18/24 4:31 PM

#20744 RE: MoneyMaker111 #20732

For God's sake. The stock you're talking about is Barnes & Noble Education (BNED). What it's doing with its rights and subscription offering has nothing whatsoever to do with shorts or shorting. Short interest in BNED is negligible.

This is a better--much better--explanation of what the company is doing:

https://www.morningstar.com/news/business-wire/20240514682337/barnes-noble-education-announces-effectiveness-of-registration-statement-relating-to-45-million-rights-offering-for-common-stock-and-commencement-of-rights-offering