Not only did they buy 140% of something that doesn't exist, but it's quite possible they lost multiples of that.I know one thing... They've been calling us.. All of us on this forum... "unsophisticated" investors for years. What they mean is people poorer than them, people who don't have multi-billions, people that are "dumber" than them because we don't have billions, people who in no way can make smart due diligence on stocks and investing, gamblers,...
They lose entirely on one trade buying 140% short shares, 40% more than shares thats even available. Then get a $2B bailout from their rich friends to double down on a losing position to only lose it all again. Then complain, bitch, wine, and yell fraud. We manipulated the market! But.... how do you buy 140% of something that doesn't even exist? If things went their way and that additional 40% short that doesn't even exist in supply destroyed someone's life; its all good?? Sounds like someone over-leveraged and got exposed... sounds like a free market at work to me.
So... Who's really the "unsophisticated" one?
If there's one thing that this whole information super highway has been since it's birth... its that...
The internet is undefeated.
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