How the World’s 3rd Richest Man Is Pulling the Largest Con in Corporate History

Re:How the World’s 3rd Richest Man Is Pulling the Largest Co... by thefreeman on Wednesday January 25, 2023 @12:21AM (#34514717)

But if the stock goes to zero and you are shorting it the trade was massively profitable. why would you then be at risk of a margin call?

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Re:How the World’s 3rd Richest Man Is Pulling the Largest Co... by lmm on Wednesday January 25, 2023 @01:16AM (#34515014)

If trading is halted or it's delisted, how can you prove the value of the stock is zero?

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Re:How the World’s 3rd Richest Man Is Pulling the Largest Co... by drexlspivey on Wednesday January 25, 2023 @07:15AM (#34517349)

You don’t have to “prove” anything, you already got the money

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Re:How the World’s 3rd Richest Man Is Pulling the Largest Co... by lmm on Wednesday January 25, 2023 @08:12AM (#34517838)

You're still stuck paying borrow fees and posting collateral, potentially forever.

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Re:How the World’s 3rd Richest Man Is Pulling the Largest Co... by thefreeman on Friday January 27, 2023 @12:10PM (#34548564)

This is just wrong. If the stock is delisted you no longer are "borrowing" anything. There is nothing to borrow.

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Re:How the World’s 3rd Richest Man Is Pulling the Largest Co... by lmm on Monday January 30, 2023 @06:34PM (#34588293)

An unlisted stock is still a stock, you still have to have a borrow for it until the company is fully wound up (which could be years after being delisted).

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