If only that was true. There’s a clear conflict of interest when the managers of hedgefunds are also on a board of Finra
The fox guarding the hen house comes to mind
Are we supposed to believe that Finra stepped in to prevent The sale of shares they deemed without value? If that was the case, why hasn’t Finra stepped in and prevented the trading of thousands of other tickers, by using the same halt code?
Riddle me this, Why are there millions upon millions more shares than 165 million the company authorized?