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Reminder that hedge funds that are short Tesla stock (and other stocks) spend many millions to PAY/sponsor people like the author to write hit pieces. Not just
by bboygravity 3y ago
Reminder that hedge funds that are short Tesla stock (and other stocks) spend many millions to PAY/sponsor people like the author to write hit pieces.
Not just blogs, also enitre media companies (CNBC for example) often considered "mainstream". This is not "just" a click-bait blog post (as in: the author doesn't necesarily primarily make money off of ads: the post itself is the ad).
Basically a bunch of hit pieces in exhange for cash under the pretention of journalism.
- ratsmack 3y agoI've been trading stocks for a long time, and I've noticed this type of "journalism" is knee-capping a lot of companies at a higher rate than ever.
- bboygravity 3y agoHere's a video of Jim Cramer (now CNBC) likely high on coke (source: my own judgement, take it with a grain of salt) basically openly admitting/bragging that this happens: https://www.youtube.com/watch?v=gyaPf6qXLa8 https://www.youtube.com/watch?v=gyaPf6qXLa8 The video is from 2006