They unwound the leverage as part of the deal — you redditor stock posters are really clueless.
Post the article
Some many dumb takes right? Regards don’t know how leverage works.
Op is the same guy that’s been posting all month about micron going down. Hes either very upset he missed the run or he’s short and praying he doesn’t get wrecked.
So no more leverage affecting the share price? Leverage isn't something I know too much about, especially interested now I've heard about the overleveraged Korean Market though...
Pre-collapse action: shorted individual stocks & drove down prices on exposed, over-leveraged boy wonder’s holdings. Margin call action: Called to “offer assistance” if needed. Resulting panic action: Buy assets at a huge discount. Classic large hedge fund playbook + Rookie mistake = everyone made a ton of money but the rookie. Anyone know who was holding the loans?