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Lol, so instead, most of the internet thinks they are colluding with institutional short sellers at hedge funds in order to save them and screw over retail inve
by mrep 6y ago
Lol, so instead, most of the internet thinks they are colluding with institutional short sellers at hedge funds in order to save them and screw over retail investors. They already had (probably in spam detection right now as they are currently gone) hundreds of thousands of 1 star reviews on the android star and tons of people like me deleting their app.
Oh, and I heard they were supposed to IPO this quarter and I can see this event single handedly completely derailing that with how many users they are going to lose.
- deleted 6y ago[deleted]
- JumpCrisscross 6y ago> instead, most of the internet thinks they are colluding with institutional short sellers at hedge funds in order to save them and screw over retail investors Communications were undeniably terrible. That said, I imagine they have a limited number of people on staff with deep clearing knowledge, and those people were preoccupied. Aviate, Navigate, Communicate.
- 0_gravitas 6y agoI'm sorry but I absolutely cannot buy this (just like $GME); I see Hanlon's razor weaponized like this constantly and I think we've long passed the point of violating Occam's.
- deleted 6y ago[deleted]
- Aeolun 6y ago> I imagine they have a limited number of people on staff with deep clearing knowledge Since you just gave us the basics in like 5 minutes, is it too much to expect that people whose job it literally is know that too? Especially the ones doing communications.
- JumpCrisscross 6y ago> is it too much to expect that people whose job it literally is know that too? No, I don't think so. I don't know when they drew on these lines of credit. Maybe that was still up in the air when the first announcement was made. No financial institution wants to say "we ran out of capital" during market hours.