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Monday, March 29, 2021 11:42:35 AM
There is talk that GH has made a proposal to the hedge funds/market makers who have naked shorted MAXD to an extent that they can't possibly recover
The proposal would be a number that they can realistically "cover" buy back
They naked shorted MAXD at least 12 billion shares. They can't possibly cover all those shares as they would go bankrupt
So I don't now if it's true, but it would make sense and I would be in favor of it as it would still lead to a sizable short squeeze
And I also heard the proposal would include a written promise to never illegally short MAXD again
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