CD.... your scenario equates to a zero-sum game does it not?.... But there might be a better chance of coming on top if RVX goes bust, depending on one's point of entry in a short position and with warrants costing $2.05.
According to ShortData.CA, there seem to be multiple short trades and not 1 or 2 individuals.
DATE
S. SALE TRADES
% TOTAL TRADES
S. TRADED VOL.
% TOT. VOL.
S. TRADED VAL.
% TOT. VAL.
FEB 1 2019
182
15.320
72,561
15.936
232,306
15.921
My take on this is that shorts (with deep pockets) are sticking by their convictions that BOM is still questionable. They are not ready to cover their positions just yet especially with " The ambiguity and confusion surrounding BETonMACE status and timelines" to quote Bear that is emanating from RVX's management. The short position has stubbornly hovered around 300K for some time now.
IMO...Koo
