What happens to a short position if a company is wound up? Is the short position cancelled or does the shorter still profit from the actual ammended value of each share ? If that is the case it would explain why a lot of posters have been arguing the case for winding up the company. What is ironic is that there is at least one regular shorter on this BB who is quite adamant that widespread shorting has 'not' been taking place prior to LGB suspension and yet he himself is openly short! Go figure, as they say in Citrus County!
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