Re:Nikola: How to Parlay an Ocean of Lies into a Partnership...
by cultus on Thursday September 10, 2020 @07:16PM
(#24437596)
People holding long positions do shady stuff all the time as well. I don't see the distinction.
[ Parent
| on HN ]
Re:Nikola: How to Parlay an Ocean of Lies into a Partnership...
by electriclove on Thursday September 10, 2020 @07:21PM
(#24437625)
Please share some examples. I'd like to understand so I can compare to the things in that link.
Re:Nikola: How to Parlay an Ocean of Lies into a Partnership...
by wgerard on Thursday September 10, 2020 @08:07PM
(#24437927)
Pump-and-dumps are an entire class of fraud that fundamentally relies on you being long.
Re:Nikola: How to Parlay an Ocean of Lies into a Partnership...
by electriclove on Thursday September 10, 2020 @09:39PM
(#24438343)
This is totally right and just as shady
Re:Nikola: How to Parlay an Ocean of Lies into a Partnership...
by GhostVII on Thursday September 10, 2020 @07:55PM
(#24437851)
Enron? Years of blatant fraud and earnings manipulation with the explicit goal of hitting stock price targets.
Re:Nikola: How to Parlay an Ocean of Lies into a Partnership...
by electriclove on Thursday September 10, 2020 @09:40PM
(#24438350)
Was that the company itself or were there outsiders contributing to this too?
Re:Nikola: How to Parlay an Ocean of Lies into a Partnership...
by dylan604 on Thursday September 10, 2020 @07:28PM
(#24437683)
Theranos comes to mind
Re:Nikola: How to Parlay an Ocean of Lies into a Partnership...
by electriclove on Thursday September 10, 2020 @07:33PM
(#24437726)
Theranos was a shady company. But it wasn't a public company. The shadiness was the company itself.
Re:Nikola: How to Parlay an Ocean of Lies into a Partnership...
by dylan604 on Thursday September 10, 2020 @08:22PM
(#24438003)
Were the people being shady not also stock holders doing shady things to keep the stock price up?
Re:Nikola: How to Parlay an Ocean of Lies into a Partnership...
by electriclove on Thursday September 10, 2020 @09:42PM
(#24438366)
I think there is a difference in the company itself being shady and investors being shady to influence the stock price. The long pump and dumpers definitely fall into the latter category and similar to the shorts described in my link.