what are you trying to learn about specifically? there's a difference between "obfuscatory gobbeldy-gook" and jargon with technical definitions
ok, so understanding normal non-naked short selling is probably as much as you actually care about. naked shorts are illegal and basically involve inherently unsound contracts or outright grifts/lies. don't worry about it really.
-
-
what happens to normal short sellers when a company goes private? they probably lose money because to cover their contract they have to buy shares from someone else, who will obviously not sell them for less than the offer price the company itself is buying its own shares back at
-
so Elon will buy outstanding shares at $420, you have a short position and your creditor needs their shares back. you already sold the ones you borrowed at say, $418, can you buy those shares back for less than $421? no way. you lose.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.