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But couldn't they just settle with the original lenders without buying back the stock from the actual holders? Or is that forbidden? To me this would seem a log
by fock 6y ago
But couldn't they just settle with the original lenders without buying back the stock from the actual holders? Or is that forbidden? To me this would seem a logical decision for any lender (the business was not dead, so selling was a little bit too risky, but now taking a 100% profit and being done with that instead of having a stupidly inflated stock and 10% profits in the, seems reasonable)
- trident5000 6y agoThe only way you can settle is to buy back the stock. You borrowed the shares from someone who lent them to you and now you need to return them.
- fock 6y agoyes, but this someone probably would like to turn a profit as well and not be sitting on a pennystock?