@poorinvester It is frustrating though as I bet, he has caused a number of people a lot of money! Scaring them and putting them off! All for his own financial gain!
It is common across all shares when the price drops considerably that they sell out at losses. I am not sure why they do it as most do recover but they do it!
You have $1 Billion invested in a company are you going to fight for it and do everything you can to keep your investment and get it back to the $1 Billion you know it is worth? Or are you going to roll over and lose it?
I know I would be fighting and doing everything I can to make sure I don't lose that money!
I agree with you but "Media tried hard for their mates but now looks like a painful short squeeze no more cheap stock supply" - I actually reckon they drove it down to help their mates get in at a decent level! And close shorts at a low level! I think this was a win win for them!