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A comment on Tesla, Musk must face shareholder lawsuit over going-private tweet. Parent comment

Re:Tesla, Musk must face shareholder lawsuit over going-priv... by FireBeyond on Wednesday April 15, 2020 @07:42PM (#22884492)
> It did damage to short term arbitrage seekers that were trying to make a profit by being the first to act on the news.

As opposed to long term traders, who are not trying to make a profit?

[ Parent | on HN ]
Re:Tesla, Musk must face shareholder lawsuit over going-priv... by thaumasiotes on Wednesday April 15, 2020 @09:22PM (#22885144)
As opposed to long term traders who are suing without having been harmed.

Ideally, in a lawsuit, you want the plaintiff to have suffered some kind of harm at the hands of the defendant.

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