You guys realize Goldman Sachs is shorting ALL 50 million of those shares right? Right? With the help of the CEO of the company! It says it right there in the SEC document what is going on
it all sincerity, this stuff boils my blood and I highly recommend you just realize the losses and never look back. The sooner you exit the more money you will leave with… I know it’s probably sucks but I’m sure that douche bag will pay at some point.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Lfgmoonmoon : Supposedly they aren’t aloud to
RIPPER OP Lfgmoonmoon : That’s why they short sell 100 million shares that they are able to locate through their normal procedures (or not ….idk) while having these on the balance sheet to keep assets balanced
That is the only reason such a transaction would be done… How do you think they could make money off of that situation otherwise? That’s the only way.
Lfgmoonmoon RIPPER OP : Oh I agree 100 percent. Just stating what the agreement had said
RIPPER OP Lfgmoonmoon : I honestly cannot believe how insane it is…..It’s just so blatant and.…. Words cannot describe how crazy it is.
Lfgmoonmoon : Trump has already stated he’s gonna go after predator short sellers.
Maxxdog : Surely, if they short all 50 million at first they have to buy them, so the price would go up?
RIPPER OP Maxxdog : They never bought them……they were “loaned.” This guy is the devil. Scrooge himself.
The craziest thing is this idea came up when they were thinking to themselves how can we get more money from the shareholders when there aren’t enough people buying shares to sell them to?