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A comment on Young Koreans are echoing r/WallStreetBets in their war against short sellers. Parent comment

Re:Young Koreans are echoing r/WallStreetBets in their war a... by forkLding on Wednesday March 03, 2021 @12:41PM (#26331812)
It depends, the PE firms that bought Toys R Us did what is considered a hostile move in an leveraged buyout (LBO) which is to saddle Toys R Us with lots of debt (aka they raised debt financing to buy the company) so it had to do everything it could to pay the debt and also generate profits for the PE firms and probably not enough to focus on anything else innovation or operation-wise. Its been noted that LBOs have lead to the demise of several famous companies as noted by Investopedia and LBOs has since gained notoriety.

See: https://www.barrons.com/articles/private-equity-firms-provid...

https://www.latimes.com/business/la-fi-toys-r-us-leveraged-b...

https://www.theatlantic.com/magazine/archive/2018/07/toys-r-...

https://www.investopedia.com/terms/l/leveragedbuyout.asp#:~:....

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Re:Young Koreans are echoing r/WallStreetBets in their war a... by Anon1096 on Wednesday March 03, 2021 @01:57PM (#26332809)
While true that has nothing to do with shorts.
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Re:Young Koreans are echoing r/WallStreetBets in their war a... by danparsonson on Thursday March 04, 2021 @02:27AM (#26339672)
It wasn't intended as an example of short selling because my point was that the GME saga isn't about short selling per se, but about sticking one in the eye of organisations that tank businesses just to make a profit.
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