The Heinz Brothers and Charles Morse Scheme

The company predictably goes up in prices. And the shorts start freaking out. But it turns out, auto made a mistake. There was actually plenty of shares out there for the shorts to buy back and cover. The Heinz brothers and Charles Morse had all bought at, you know, $40, $42, $47, $51, $56, $60. And then it went all the way down to $10. They were busted. Absolutely busted.