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A comment on Robinhood is facing nearly 50 lawsuits over GameStop frenzy. Parent comment

Re:Robinhood is facing nearly 50 lawsuits over GameStop frenzy by im3w1l on Wednesday March 03, 2021 @10:46AM (#26329879)
If you are short a company then you benefit from harming it. In the example you provide, the short seller could benefit by exacerbating covid, by sabotaging the response. I'm not saying I'm definitely against all forms of shorting because of this, but that is one drawback at the least.
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Re:Robinhood is facing nearly 50 lawsuits over GameStop frenzy by shawabawa3 on Wednesday March 03, 2021 @10:51AM (#26329962)
if you are long a company then you benefit from helping it. For example, lobbying to dismantle environmental regulations to increase the value of your fossil fuel stocks
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Re:Robinhood is facing nearly 50 lawsuits over GameStop frenzy by bidirectional on Wednesday March 03, 2021 @10:59AM (#26330109)
You also benefit from harming its competitors.
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Re:Robinhood is facing nearly 50 lawsuits over GameStop frenzy by MperorM on Wednesday March 03, 2021 @10:52AM (#26329980)
This is the same argument often made against prediction markets. I remain unconvinced this is a significant issue, but I'm always open to changing my mind :)
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