Sam Koppelman

In fact, they confirmed a core part of it about how they were going to need to dilute shareholders, which was not great news for that group chat.

It did not pump.

It's down like 60 or something percent since we published.

Right.

Yes, we disclosed that after our story came out, Hunterbrook Capital read it and did not decide to go long on Sable Offshore.

They bet against it.

And then later this week, there was actually a vote from the Santa Barbara Board of Supervisors where they voted to decline to transfer ownership of the pipeline from Exxon to Sable.

By the way, that guy is pro oil and gas and had previously voted to approve the transfer.

But obviously, in light of the new information, just couldn't get behind taking that risk for the people of Santa Barbara.

So we don't know when he or if he resold the shares he bought back after selling them, after buying them.

Right.

But we do have a sense from that same Billy Walters book you quoted from earlier of the size of the bets that Phil Mickelson was willing to take.

Say what you will about Phil Mickelson.

We don't have the exact financial information here.

You know, I spoke to some of the Sable investors who seemed to think at some point he and his partner owned like 2% of the company, which could have been tens and tens and tens and tens and tens of millions of dollars, meaning he could have lost like...

tens of millions of dollars on this.

We do have messages where it's clear Phil is just going through it.

He's talking about how Sable's making him too anxious to go on a hike or to go fishing, how he's buying certain options but not others so he'll have peace of mind.

It definitely didn't seem like a low-key casual thing Phil was doing, as, by the way, is clear to anybody who follows his Twitter account and notices that he's tweeted more about Sable Offshore...

certainly than golf or his family or anything like that.