It just keeps getting better (or worse, depending on if you invested with him)...<p>In addition to failing to settle a huge short position, he managed to turn $1.12 million into $58,500 in <i>28 days</i>.<p>&gt; Contrary to SHKRELI&#x27; s representations to Merrill Lynch, MSMB Capital had failed to locate OREX shares to borrow in order to settle MSMB Capital&#x27;s short sales. As a result, MSMB Capital failed to settle a short position of over 11 million shares of OREX, which Merrill Lynch ultimately closed at a loss of over $7 million. In addition to the losses in the Merrill Lynch account, MSMB Capital suffered over $1 million in other trading losses in approximately February 2011. Based on these trading losses, the value of
assets in MSMB Capital&#x27;s bank and brokerage accounts, not including the OREX losses at Merrill Lynch, declined from more than $1.12 million on or about January 31, 2011 to $58,500 at the end of February 2011.