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Posts: 155
Bankruptcy judge rules that Hertz can sell stock to idiots on Robinhood using their existing shelf registration. -- nm
Posted by
spamlet
Jun 12 '20, 13:55
(No message)
Responses:
Scam their way back into solvency? -- nm
-
Reagen
Jun 12, 14:12
6
It's not a scam if they're already in bankruptcy. -- nm
-
spamlet
Jun 12, 14:15
5
buying shares doesn't help the company get solvent, unless they are allowed to issue new shares...I know, tell people they get to take a car home if -- nm
-
zeitgeist
Jun 12, 14:25
I mean that they soak naive RH users -- nm
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Reagen
Jun 12, 14:22
3
Jeffries is buying the shares, they’re the ones that get to try and soak RH investors. -- (edited)
-
znufrii
Jun 12, 14:27
1
What I reas this morning it was just using the shelf registration so maybe that but changed. -- nm
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spamlet
Jun 12, 14:55
robinhood didn't steal from the working poor and give to the rich creditors -- nm
-
zeitgeist
Jun 12, 14:26
I...just.....what? -- nm
-
znufrii
Jun 12, 14:02
1
The only way I can see it makes sense is if Jefferies is also a significant debt holder, as this would increase the chances of getting some of it back -- (edited)
-
znufrii
Jun 12, 14:19
That seems........ -- nm
-
ty97
Jun 12, 14:00
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