coin

bouncing betties: shorts covering

lights out

tumbling dice

swoon

absolutely worth the read

A whole lot of fancy footwork by bulge bracket advisors and boards of directors to pretend what is, isn't at an outfit that controls 80% of is market.

All the ingredients: a spinoff, related party inducements hidden in trusts, self dealing, omissions, compromised boards of directors, a shotgun repurchase of the spin off without regulatory approval leading to a proxy fight, departure of the CEO,  goodwill impairment, lowered guidance, and a downgrade.

Absolutely worth the read

https://www.nongaap.com/p/illumina-an-impossible-task

 

challenged