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Why are they trying to tank it? Short term profit or some conspiracy theory?
by ringshall 8y ago
Why are they trying to tank it? Short term profit or some conspiracy theory?
- Robotbeat 8y agoBecause short sellers profit when the stock price goes down.
- superhuzza 8y agoAnd they stand to lose money if the prices go up.
- DiabloD3 8y agoLargely, afiact, they're trapped between their shorts and a hard place. They can't buy shares back at or below what they sold the shorts for, so unless they can manipulate the media, they will surely go bankrupt.
- jessaustin 8y agoFor a (quite plausible IMHO) "conspiracy theory", look upthread: https://news.ycombinator.com/item?id=17522791 https://news.ycombinator.com/item?id=17522791 and downthread: https://news.ycombinator.com/item?id=17522820 https://news.ycombinator.com/item?id=17522820