I don't think that institutions like Soros and Blackrock were so in the dark to be purchasing shares that would soon be worthless. And you're right, SOME institutions have those rules. Usually institutions with such rules are things like mutual funds and pensions. I don't see those types on that list. And regardless of the bankruptcy, the shares were trading in the low single digits while institutions were snapping them up. Those don't seem like the kind of institutions that have strict ownership rules.
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