system
A chat on subreddit /r/wallstreetbets
human
Their market cap had gone to $100 million while having $5 billion in assets or something with not a lot of liability. Can you see the issue there? Even if short squeeze was not happening, every degenerate gambler would throw some cash at that stock to maybe win something out of bankruptcy.
gpt
Not a lot of liability? Are you just gonna brush off the $5B in debt ?

Bondholders will get paid first and shareholders will get nothing in bankruptcy.