News for hackers. Stuff that matters.

A comment on Web3: A VC-funded gig economy of securities fraud. Parent comment

Re:Web3: A VC-funded gig economy of securities fraud by VHRanger on Wednesday April 13, 2022 @07:44AM (#31013513)
Don't try to short a fraud. You'll get squeezed.
[ Parent | on HN ]
Re:Web3: A VC-funded gig economy of securities fraud by novotionworepr on Wednesday April 13, 2022 @08:15AM (#31013725)
The more conventional phrasing is, "the market can remain irrational longer than you can remain solvent."
[ Parent | on HN ]
Re:Web3: A VC-funded gig economy of securities fraud by api on Wednesday April 13, 2022 @09:08AM (#31014158)
I'm old enough to remember the SCO vs IBM Linux lawsuit. My dad tried to short it. He couldn't even do so. There were too many shorts already. Later lots of those shorts got squeezed. The whole thing did eventually go to zero but it took a while and few actually made money shorting it.
[ Parent | on HN ]
Re:Web3: A VC-funded gig economy of securities fraud by lern_too_spel on Wednesday April 13, 2022 @11:03AM (#31015508)
See also: Herbalife.
[ Parent | on HN ]