Welcome to the San Gold HUB on AGORACOM

San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

Free
Message: Re: Bought Deal?

Mar 04, 2013 06:48PM

Mar 04, 2013 09:59PM

sgr.db

Here's a scenario.

The underwriters want full participation in the offering or at least that's what the optics are. The current shareprice isn't that enticing to buy so there is probably a big short getting ready to pile on when the debenture starts trading. Just as the bears start dumping, a fresh wave of new longs snap up all the shares and squeeze the shorts as the underwriters demand delivery of shares that they lent the shorts earlier.


Mar 04, 2013 10:52PM

Mar 05, 2013 08:19AM

Mar 05, 2013 10:17AM

Mar 05, 2013 10:45AM
Share
New Message
Please login to post a reply