But I’ll add but it counts since it was in the market. Basically the owner of Piggly Wiggly, Clarence Saunders, Balloon Elephant Shirt a country boy and started a really successful business. He pioneered self shopping (Basically the modern grocery store) and grew rich. His company was listed on the NY stock exchange. He became super rich. After some stores did not catch on in NY, CT, NH etc. some shorts decided to short his company. He doesn’t know anything about stocks but gets pissed that someone is shorting his stock so he decides to take out a 10 million dollar loan (Todays worth would be about 150 million) and buys up almost all the remaining stock. Shorts shit their pants as the stock goes from $39 a share to $60 within months then it jumps up to $75 a share then $124 as he calls back all the shares. Papers deem him the winner and people like he took on the Wall Street Giants.As the price gets over $124 the NYSE indefinitely suspended all trading and the rumors of them pulling the stock sends the price down to $82 hours later. Saunders offers to let short sellers sell at an even $150 a share or the price would go to $250 the next day but the shorts refuse. March 22nd they ban Piggly Wiggly from the exchange and he ends up trying to settle. Shorts were giving extra time to close positions and they snake shares settling for far less. The stock now losing value by the second end ups settling since he has to pay back that huge loan. Saunders ends up losing everything and was cheated by the system. He lost his pink mansion as well. Fuck…seems like these Wall Street Fucks have been doing this since the market was founded.
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