3 ms·
And shorting more stock than a total company even has is not controversial? Or using massive shorting to just keep on pushing a stock down? It feels a lot more
by teekert 6y ago
And shorting more stock than a total company even has is not controversial? Or using massive shorting to just keep on pushing a stock down? It feels a lot more controversial to me and yet, the hedge fund managers dont't really feel anything. Well apart from the fact that they got caught with their hands in the cookie jar and now they have to pay. But I wonder if their platforms are now being censored. Classic money is power, I'm firmly on the side of WSB here.
- marvin 6y agoI agree with you. But there's definitely a controversy here, in the sense that two large groups have strongly differing opinions. To my eyes, that controversy is part of a very public power struggle. I firmly believe that the WSB community is in the right, and that any legal gray areas are subtle enough that it would require a judge to decide. So there is no reason for internet companies to pre-emptively wash their hands of the situation. But yet here we are.