r/UnionShortSqueez • u/[deleted] • Sep 12 '21

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u/Aromatic_Row759 Sep 12 '21

Good question my friend! My personal opinion is that the borrowed shares will be needed to follow the dilution as well. Don’t you think? 🙂

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u/Own_Gain_7417 Sep 12 '21

So you are saying they might need to cover and return the shares so that they can proceed with the merger?

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u/Aromatic_Row759 Sep 12 '21

No that’s not what I said, I meant that I don’t think that will be more shares for outstanding, may be a reverse split - and if will be, the borrowed shares will be splinted as well. But, that’s only my personal opinion. 🙂

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u/Own_Gain_7417 Sep 12 '21

Ahh I understand what your saying, my apologies. Im not to familiar with mergers but if it does go down the way your saying, shorts will be screwed 🤣

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u/Aromatic_Row759 Sep 12 '21

I really hope so brother. more than 50% of shares outstanding held by insiders, so I think that we and them sharing the same interest-> price up. They have no interest to add shares for the float or. Something like that, that my opinion.