Re:SpaceX hits $100B valuation after secondary share sale
by deeviant on Friday October 08, 2021 @12:54PM
(#28801335)
Short sellers have an enormous incentive for the company they short to fail and they will do anything (legal or sometimes otherwise) in order to negatively affect stock price.
It turns out when a company has multiple entities with significant resources trying to make it fail, it sometimes negatively affects the shorted company.
It turns out when a company has multiple entities with significant resources trying to make it fail, it sometimes negatively affects the shorted company.