4 ms·
You could (short) sell the stock at the same time you buy the warrants.
by mpalczewski 6y ago
You could (short) sell the stock at the same time you buy the warrants.
- CPLX 6y agoNot really. He covers that in the article.
- beervirus 6y agoThat probably occurred to the author who used to work at Goldman.
- oh_sigh 6y agoHere's an interesting article that explains why that wouldn't work here: https://www.bloomberg.com/opinion/articles/2020-07-21/people-loved-nikola-but-not-its-warrants https://www.bloomberg.com/opinion/articles/2020-07-21/people...
- frandroid 6y agounderrated reply
- fny 6y agoYou can't directly short them because of the borrowing fees, but you could create a synthetic short with options.