/biz/ - Business & Finance

>>26788656
Melvin will be offered a special, "one-time" exemption offer to offload their shares.

Counterparties will, out of hours, accept shares in tranches, then immediately sell those shares at low markup back to Melvin, who will in turn send back the shares to the same counterparty.
The entire short can be cleared in a single night with only a few thousand actual shares.

Look up the joke about the American with £100 in the Irish village.