Please allow me to clarify my point of this thread. I am...

Please allow me to clarify my point of this thread.

I am suggesting-
1. Shorters could have limited their maximum possible loss to very low (as opposed to lot of people thinking they are taking high risk). And cost to achieve that may have been low.
2. There is good chance of high profit from the shorting activity (their research and clever use of media)
Combination of these to points makes the whole exercise investment grade.

Low cost of risk-reduction is because both intrinsic-value and time-value of those warrants were less than theoretical values in QIN’s specific case.