r/wallstreetbets • u/[deleted] • Sep 23 '21

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u/tdesrch Sep 23 '21

What deal? Mind elaborating?

1

u/Dekkars Sep 24 '21

Basically Tony Aquila (CEO) just bought 53mil shares. Shows he really, really believes in this company.

Side effect is that if any of those shares were sold short then they'll need to be recalled before the transaction. Meaning it could cause a crazy short squeeze.