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By paying a 20% premium he's ensuring that the short sellers will need to buy shares at the premium price guaranteeing that they've lost at least 20% of what th
by aembleton 8y ago
By paying a 20% premium he's ensuring that the short sellers will need to buy shares at the premium price guaranteeing that they've lost at least 20% of what they've gambled.
- jonknee 8y agoAh yes, overpay so you can stick it to the big mean short sellers. Might as well go for 50% premium with that logic!