Cal-Maine: Get Ready for a Short Covering Explosion [View article]
Late last Friday, CALM showed 7M of calls. Let's assume if they are exercised, under the present rulings, does it mean that the market maker can sell the 7M without delivering the shares? If that can be done, does it mean that the shorts can easily cover without paying for the pain of the short sqeeze?
-
Late last Friday, CALM showed 7M of calls. Let's assume if they are exercised, under the present rulings, does it mean that the market maker can sell the 7M without delivering the shares? If that can be done, does it mean that the shorts can easily cover without paying for the pain of the short sqeeze?
Apr 27 17:43 pm
|Rating:
0
0
All Comments by riceguy »Cal-Maine: Get Ready for a Short Covering Explosion [View article]