walker7782
Oct 16, 11:29 AM
$CRVO Not a long but wanted to provide clarity. “Shorts” aren’t in control here. Funds like Sabby act as financers of last resort: they provide guaranteed, immediate capital when public markets are closed to the company, but extract punitive structural terms—deeply discounted shares, heavy warrant coverage, and reset provisions—that protect the fund while shifting dilution and price suppression onto common shareholders. A PIPE (Private Investment in Public Equity) fund buys discounted shares/warrants directly from an issuer. Sabby suppresses CRVO via convertible arbitrage: shorting common stock into rallies to lock gains, then covering risk-free using discounted shares/warrants, capping upside at warrant walls. CRVO management is complicit and knew this outcome going in. They’re pretty much a Wall Street loan shark. A big run will be an uphill battle here. Wishing longs all the best though! It’s just important to understand what you’re up against.
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