With all the people gloating about their call positions and the massive call interest on the options chain, someone was going to cash out on a price run that week, and between opportunistic YOLOers and the company itself which I hold long term shares in, I do prefer the latter

Wild…

I also sent such a DM, so maybe that was me that beat you to it :)

I am really interested to see where this goes. I’m not aware of any other states having modifications to the UCC, are you?

In any case, I am still a bit skeptical that this will fully protect investors, since there is very little to prevent an underwater intermediary from letting their friends know to pull assets out (or become entitlement holders themselves) before the shit hits the fan at the intermediary

I bet they had to get the market price down so they could make the risk numbers look reasonable… coincidentally, has anyone noticed that the market price is down lately? I wonder why that could be /s

I do have to add - actual sincere condolences to any affected workers. It’s rarely the people responsible who bear the brunt of the consequences.

Already commented on Reddit first (with the shark and rhino comment), but commenting on here too for the engagement :) Always love seeing your art on my feed

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Thanks for the recap! Saved me some time :)