Solazyme, Inc. Message Board

short 12,121,212 shares if they can when ever the stock get high enough for them

agreed but couldn't they do that

No but they have they option to at 8.25 over time so every chance they can short a share above the 8.25 the net out difference from where they sell the short

100,000,000.00 Loan / 8.25 Convertible rate =12,121,212 New Shares Expected

37,000,000 shared available / 12,121,212 new shares expected

3 to 1 ratio

So at 9.25 they have a $12,121,212.00 Profit or %12.12

Short as many shares as possible at $9.25 to hedge there bet and to lock in %12 profit

If you could lock in a sure thing how many shares would you short to protect a sure thing?

they keep the shorts alive and broke trend lines and support the other shorts did the rest...