Discussion re-surfaces about a guy who bought 100% of shares (1.1M shares) in a traded company. The next two days that same stock traded 50 million times and dropping the price 99% in two hours. All this with LITERALLY NO SHARES AVAILABLE TO BORROW OR SHORT.
The man in question did not Direct Register his shares. He purchased only through a broker. This helps cement the fact that Direct Registration of shares is indeed the only true way to own shares that protect the investor.
Sourcereddit.comarchived 30 Dec 2021Watch videoarchived 03 Aug 2025