The original owner of the shares will not be laughing? Unless they enjoy the loss of there whole investment.
The shorter borrows the stock then sells straight away. The shorter gets the funds from the sale.
Then the shorter must buy the stock back because they owe the original holder x Number of shares. as the shares are basically worhtless the shorter will get the stock for nothing to return as the value asigned to the stock will be what given by the administrator ie probably close to zip
OZL Price at posting:
0.0¢ Sentiment: None Disclosure: Held
