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Here me out.
Lots of bad news about RH just came out. Fined $70 mil (laughable, but still), plan to cut off retail again when GME moons (why am I not surprised?), let alone all the class action lawsuits (which inadvertently gave us a decent glimpse of the SI from Jan).
Any other company, they might want to pump the brakes, let the shitstorm settle and THEN go public. But no. Full send.
So why?
Sure, try and get us to short it to bleed us, but we know that's not gonna happen.
What if they were pressured by Shitadel and other SHFs so that THEY can short it and raise some capital to draw this out more. They don't give a shit about RH. Hell, RH is in the perfect position to take a fall for a bunch of the bullshit they pulled in Jan. So why not make money off of it and short the hell out of it when they know it's gonna fail?
Thoughts?
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