Right now, the top 10 shareholders control 54%, Carl is driving this toward 64% of outstanding shares.
At some point, someone can gather the top 10 shareholders in a room and declare they own more than the entire company, what happens then? Not sure why its legal to short shares to this degree, seems like at some point it is actually counterfeiting. Its not like its 1929 and we need 3 days to move shares via the mail.
don't be fooled... no mutual fund is allowed to hold more than a certain amount on single stock. I bet there is in house rules on these. plus, they will need to offload to someone. and looking at it now, there is virtually no one besides Carl thats buying. plus market is bubblely looking now, I would at most play an option on this.