2 ms·
He made a couple of really important points in that interview though; that the stock market is now dominated by short-sellers, who in their lust for short term
by jbob2000 11y ago
He made a couple of really important points in that interview though;
that the stock market is now dominated by short-sellers, who in their lust for short term gains, will start rumors about your company and due to regulations, you can only respond in certain ways.
that, in his words, you need "fleets of lawyers and accountants" to meet all the regulations, something only a billion dollar plus company can afford.
that your company's stock will get "batted around like a chew toy", which will really mess with a smaller company.
It sounds like the stock market is a buyer's game these days.
- segmondy 11y agobah, you could always beat those short-sellers by being profitable and generating revenue.