Apr. 23 at 2:47 AM
$QCLS Hope you all realize that the two main hedge funds that functionally control CAR’s entire float of shares available for public trading did nothing morally wrong, illegal, or even slightly shady. They were doing nothing more than using derivitives (swaps and options) in order increase the size of their legitimate, long term stock investment. All of the related derivative agreements, share-count, and hedge-fund holdings were timely and accurately disclosed. Yet, systematic short sellers and negligent human being short sellers still sold shares of CAR short, in spite of the absence of knowing whether the number of shares needed for them to cover were likely to be available. Sadly, there were no such shares availble. No one lied to or otherwise tricked those short sellers. They were just retarded. That’s not CAR shareholders’ problem. That’s not the long hedge funds’ problem. That’s the short sellers’ problem. Martin understands this.
