Can you say Black Friday? China Evergrande Group has fallen from $27.25/share at its peak on July 1, 2017 to $0.29/share (Yes, 29 cents/share) on October 13, 2023
(media.greatawakening.win)
💥 BANK COLLAPSE 💥
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It's believed by many that SHF use this stock as collateral, if it go's to zero they get margin called....
Then stonks go boom,as they are forced to buy back their short positions.
I disagree.... It's just as likely that SHF shorted this ticker too the way that cnbc has covered it and the markets never reacted appropriately
You may be right,it was 84 years ago on superstonk that people looked at this.