He deserved it. What are you his mother? He get's picked on and you come to his rescue. Yeah, shorts stick together just like a sloppy pile of --- ----. And they're even less valuable as humans IMO.
Oh well, ain't this great. The US capital markets look like a monopoly to me. Controlled, run and regulated by the same set of folks. Quite chummy and quite corrupt.
Think about it investors. Who is screwing whom? The DTCC won't show anyone their books nor the total short positions for any US stock. MM's front-run ya, create wide spreads, manipulate the bids and ask, can naked short any stock (even intraday)...and on and on and on. BLYC/BTLY was the scam huh? Maybe...but, take a closer look at the system...through which BLYC's shares were traded and you may begin to see a different picture...a much more accurate and true picture...of what the investors in this country are really up against and get fleeced by.
Do it. Live and learn. Don't continue to be a victim. Fight back...and know your enemy very well.