Hedge Fund tries to manipulate stock to get it to drop to less than .50 cents so not only do they make a profit shorting it, they can then afterwards buy up a majority position for no money and dismantle the company for its assets. Now of course they cry foul when someone plays and beats them at their own game.
Hedge Fund tries to manipulate stock to get it to drop to less than .50 cents so not only do they make a profit shorting it, they can then afterwards buy up a majority position for no money and dismantle the company for its assets. Now of course they cry foul when someone plays and beats them at their own game.
HedgeFunding gets a lot less attractive when you lose your ability to game the system. Who'd have thought.