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In response to "my cynical conspiracy is he has no concrete plans, did it to hurt the shorts, and has done just enough ass-covering to make it legal. -- nm" by mafic

Except all this does is encourage the shorts, really, because now there’s clear downside risk with the possibility a deal doesn’t happen. -- (edited)

In addition to the downside operational risk. The theory just doesn’t make sense, which is not to say you’re wrong...

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