3 ms·
It's incredible that this story had such a dramatic effect on UAL. This suggests a strategy: 1. Plant bad stories about large companies. 2. Buy put option
by mhartl 18y ago
It's incredible that this story had such a dramatic effect on UAL. This suggests a strategy:
1. Plant bad stories about large companies.
2. Buy put options and wait.
3. Profit!
- dfranke 18y agoThis is nothing new; it happens all the time, though usually with smaller companies. It's quite illegal, of course.
- danteembermage 18y agoIn the trade this is known as "Short and distort" You can probably guess how "pump and dump" works now right?