This is exactly why I don't try to play the stock market (or the Bitcoin market). From a press article on the 25th it sounded like the price dropped suddenly b

This is exactly why I don't try to play the stock market (or the Bitcoin market). From a press article on the 25th it sounded like the price dropped suddenly but then quickly rebounded to "nearly break-even". I guess that "nearly" was the problem. Is there a particular reason why the trader couldn't wait it out another day or two to see if he could make up the difference? I suppose with the money tied up in stock the company no longer had sufficient liquid assets to continue operating. The article wasn't clear, but it sounds like his intention was to pocket the 'winnings' for himself somehow?