This has to violate some SEC rule.
Michael Dell actual did buy Dell, and got in major legal trouble for it. It's an amazing story. HN discovered it. https://www.bloomberg.com/view/articles/2016-06-01/michael-d...
If cars were American companies:
1. You come to a car auction and sell your car for 10$
2. The buyer of your car sells it for 13$ tomorrow
3. A guy who was selling another car for 12$ sues you for selling your car cheaper than his, and somehow wins