This isn't about making money, it's about bankrupting the hedge funds by inflating the stock price before they're required to sell and double down on their naked short. They're mad they got caught elbow-deep in the cookie jar and are crying foul when they've been cheating the entire time. This trade halt is simply to cover their asses just a teensy bit.
This isn't about making money, it's about bankrupting the hedge funds by inflating the stock price before they're required to sell and double down on their naked short. They're mad they got caught elbow-deep in the cookie jar and are crying foul when they've been cheating the entire time. This trade halt is simply to cover their asses just a teensy bit.