RE: MMs in trouble ??3 Jun 2026 07:47
🚀🚀🚀🚀🚀….if this is accurate watch out!!!! REFUSED A PLACING, MMs in big trouble.
If the CEO agrees, the company prints brand-new shares and hands them directly to the broker's client.
The True Intent: The "client" (the trapped short-seller) uses those newly minted company shares to instantly cover and close out their toxic short position without having to buy them on the open market. It acts as a financial get-out-of-jail-free card.
Why Bell Said No
By rejecting the placing, Bell essentially said: "I am not going to bail you out."
By forcing them to cover their short positions on the open market, the market makers will be forced to buy shares from existing shareholders at higher and higher prices. This drives the stock price up aggressively—hence Bell's comment that he wants to "hurt these people" by letting the short squeeze play out naturally as revenge for them suppressing Red Rock’s share price in the past.