/biz/ - Business & Finance

>>58678034
Your are misunderstanding, shorts were never closed, the point of an attempted cellarbox is to never close the shorts, so you never have to pay taxes, and the position remains open forever and can be leveraged for margin loans from hedgies prime brokers. That is why the "expert market" was created in Q3 2021, because thousands upon thousands of naked shorted stocks are potential timebombs if retail dog piled in and an altruistic business person bought up their remains and distributed equity/cash, so they warehoused them to protect the system.

In bbby's case the shares were removed due to a pending corporate action and to stop changes in ownership in order to preserve the NOL's.

So as a matter of fact "shorts will be reopened" is incorrect, as chapter 11 is still progressing it is that case that shorts haven't yet closed. As the baker I would like to thank you for participating in intellectually stimulating conversation that is in good faith, and respectful, thank you so much.

>36 pbtid
Thank you for doing partial research for me.