11 ms·
If the share price goes to 0 because of bankruptcy, shares don't have to be bought back/returned. That was the outcome Melvin Capital was going for.
by llampx 6y ago
If the share price goes to 0 because of bankruptcy, shares don't have to be bought back/returned. That was the outcome Melvin Capital was going for.
- fileeditview 6y agoThat's what I hinted at with my third sentence.