Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by cwkoss on Thursday April 14, 2022 @07:20PM
(#31034734)
What happens to shorts? Does "debt of 1 share" just turn into "debt of cash value"?
Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by escot on Tuesday April 19, 2022 @07:18PM
(#31090654)
Shorts are forced to cover so they have to go out in the market and buy. So effectively they lose their money.
I made a video about some possible outcomes: https://www.youtube.com/watch?v=LYFqQ6yk9vs
Note that this happens even if you're going to lose money on your investment.