3 ms·

How does one call it when the evil short sellers are also the founders and owners of the company?

by hef19898 3y ago

bboygravity 3y ago
The problem was never evil short sellers and always evil naked short sellers. Two very different things. The latter being highly illegal and policed everywhere except in the US (market maker exemptions).
- ebhud83 3y ago
  Found the reddit ape. How heavy are those bags you're holding? Post losses, baggie.
  - deleted 3y ago
    [deleted]
yieldcrv 3y ago
so I personally treat all my entrepreneurial endeavors the same way as I treat shares in my brokerage account. It doesn't make a difference to me if I bought shares from someone for $36/share or if I created shares on a piece of paper for $0.00/share If someone else buys those $0.00 shares for $36/share from me, and then those shares are worth much closer to $0.00 again, I'll make an offer and consider doing it again. Investments where you have an outsized influence on the outcome are tightly regulated but great opportunities to watch out for. In this case, SPACs were always set up to flood the market with shares no matter what the underlying financials of the target company were like. Rosy? Still flooded with shares. Paltry? same result. If people buy that anyway I can't consider that evil. The SEC mandated disclosures. Although in 2020 SPACs were allowed to say forward looking statements of potential target companies, and the SEC has clamped down on that because they have a paternal view that investors - the individual humans - cannot discern and are gullible, swayed by cults of personality. Personally, I think its a matter for investors, many SPAC deals did not close because investors used their discretion to not approve the movement of money into the target company and withdrew. Everyone has agency.
- hef19898 3y ago
  If you are not carefull with your approach, you are very fast in insider trading territory so.
  - yieldcrv 3y ago
    Investments where you have an outsized influence on the outcome are tightly regulated but great opportunities to watch out for. Already maybe 100 steps ahead of you
uoaei 3y ago
One calls it securities fraud, particularly suspicious if people with insider info and hands on levers come out richer than before.

How does one call it when the evil short sellers are also the founders and owners of the company?

The problem was never evil short sellers and always evil naked short sellers. Two very different things. The latter being highly illegal and policed everywhere except in the US (market maker exemptions).

ebhud83 3y ago
Found the reddit ape. How heavy are those bags you're holding? Post losses, baggie.
- deleted 3y ago
  [deleted]

yieldcrv 3y ago

so I personally treat all my entrepreneurial endeavors the same way as I treat shares in my brokerage account. It doesn't make a difference to me if I bought shares from someone for $36/share or if I created shares on a piece of paper for $0.00/share If someone else buys those $0.00 shares for $36/share from me, and then those shares are worth much closer to $0.00 again, I'll make an offer and consider doing it again. Investments where you have an outsized influence on the outcome are tightly regulated but great opportunities to watch out for. In this case, SPACs were always set up to flood the market with shares no matter what the underlying financials of the target company were like. Rosy? Still flooded with shares. Paltry? same result. If people buy that anyway I can't consider that evil. The SEC mandated disclosures. Although in 2020 SPACs were allowed to say forward looking statements of potential target companies, and the SEC has clamped down on that because they have a paternal view that investors - the individual humans - cannot discern and are gullible, swayed by cults of personality. Personally, I think its a matter for investors, many SPAC deals did not close because investors used their discretion to not approve the movement of money into the target company and withdrew. Everyone has agency.

hef19898 3y ago
If you are not carefull with your approach, you are very fast in insider trading territory so.
- yieldcrv 3y ago
  Investments where you have an outsized influence on the outcome are tightly regulated but great opportunities to watch out for. Already maybe 100 steps ahead of you

uoaei 3y ago

One calls it securities fraud, particularly suspicious if people with insider info and hands on levers come out richer than before.