How is the Hedge Fund due date for the 22 million shares of $MULN they owe tomorrow going to play out?


How will this effect the price of $MULN theoretically? At face value I would assume that short sellers being forced to buy 22 million shares can’t be bad, can it? Not experienced in this scenario and curious if any seasoned traders know what’s going on or can provide deeper insight to the situation.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *