Warren Buffetless
OP
FANCY PANTS
:
You understand the issue except have it completely backwards. Shorting is a way to get around the 9.9% clause while taking profits/guaranteeing cash flow. These people will NEVER have to cover. Do you honestly think that sophisticated investors who have been doing this for years, have encountered all sorts of deals, are familiar with maximum ownership clauses and have their own set of lawyers to interpret 700 pages of lawyerspeak would not have foreseen this issue and act accordingly?
Source: from a guy who has seen a bunch of these type of deals where "investors" aren't allowed to own more than a certain percentage of shares, and 99% of the time sees the stock crater.
FANCY PANTS : but....what if....
https://www.reddit.com/r/Shortsqueeze/s/skGvhfwwx4
Warren Buffetless OP FANCY PANTS : You understand the issue except have it completely backwards. Shorting is a way to get around the 9.9% clause while taking profits/guaranteeing cash flow. These people will NEVER have to cover. Do you honestly think that sophisticated investors who have been doing this for years, have encountered all sorts of deals, are familiar with maximum ownership clauses and have their own set of lawyers to interpret 700 pages of lawyerspeak would not have foreseen this issue and act accordingly?
Source: from a guy who has seen a bunch of these type of deals where "investors" aren't allowed to own more than a certain percentage of shares, and 99% of the time sees the stock crater.
FANCY PANTS Warren Buffetless OP : how did you type that so fast?
FANCY PANTS FANCY PANTS : 2 minute response time. literally impossible to read the article and type a response of that length in that time frame.
Scoreville : It’s a bot