And here we go... Now we know why that fund bou
Post# of 32626
Now we know why that fund bought 9,107,148 shares in Q1.
Would that work to cover their naked shares? Don't think so as they've already changed hands many times.
I suspect the fines will be high as well as the restitution to those 10 public companies. They have plenty of dough. Sue their ass VERB.
Quote:
Sabby Management is based out of Spicewood. Sabby Management is a hedge fund with 2 clients and discretionary assets under management (AUM) of $223,496,960 (Form ADV from 2023-03-14). Their last reported 13F filing for Q1 2023 included $114,804,392 in managed 13F securities and a top 10 holdings concentration of 83.12% . Sabby Management's largest holding is SPDR S&P 500 ETF TRUST with shares held of 1,173. Whalewisdom has at least 48 13F filings, 3 13D filings, 876 13G filings, and 13 Form 4 filings
Don't let the other naked short institutions off the hook.