this post was submitted on 24 Jan 2024
1050 points (97.6% liked)
Technology
61346 readers
2799 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
What a wild business plan. I'm amazed it's legal.
It's kinda scummy to manipulate the market as such, but it's much more scummy to partake in the fraud.
They're like the anti-hero of this story.
Hilarious name too, honestly.
The Crash n' Burn Bois
Short sellers provide benefit to society by finding and shaming doomed businesses so they fail faster and don’t suck up as many resources.
They also have a proud history of uncovering outright fraud.
In business, the people complaining loudest about short sellers are emperors with no clothes.