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He shorted it by borrowing of his own

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eddy2   Thursday, 01/04/18 01:24:50 PM
Re: MasterBlastr post# 6523
Post # of 6554 
He shorted it by borrowing of his own shares. This then became a share holders debt owing to him. In a short you lend your shares to the company and they sell them for you. When it hits bottom the company forward splits the shares paying Carl back the shares.

Carl wins cause the company is flush with cash tho granted a debt is owed. The company will pay Carl back in cash what the shares are worth allowing Carl to buy back his shares through the market at a considerable discount. This is done by contract and undetected by the public. The company ends up with a huge tax bill that shareholders will pay adventually for the company. This is referred to as a claw back of the tax’s and shows up as treasury debt.

The treasury debt can also be sold to the equity holders due to the ability of using the tax’s paid too off set depreciated assets from the money spent through a short sell contract initiated by Carl.

A glass can look half full or half empty depending on what angle your looking at the glass.

No one is out to distroy a company. It’s in the best interest of the nation to stimulate growth and create jobs.

Every public contract has to be approved by the state the company is registered in. They don’t allow shorting unless it’s benificial to all who are involved. It’s a tool in raising capital. I my self have been a purchaser of the stock.

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