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.
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.
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