this post was submitted on 17 Aug 2023
1519 points (97.2% liked)
Technology
59168 readers
2521 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Maybe they are all shorting it big in their alt accounts because they know that the SEC fines will be trivial next to the money they will make. Also, that not a single one of them would see the inside of a court room.
Pretty sure you can't short a private company. It has to be traded on a public exchange to short sell it.
I didn't realize that they delisted it after he bought it.