cm0002@libretechni.ca to People Twitter@sh.itjust.worksEnglish · 1 month agoFloptimus Primelemmy.mlimagemessage-square71linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imageFloptimus Primelemmy.mlcm0002@libretechni.ca to People Twitter@sh.itjust.worksEnglish · 1 month agomessage-square71linkfedilink
minus-squaredeegeese@sopuli.xyzlinkfedilinkarrow-up0·1 month agoYou missed the critical middle step of pumping up market valuation so you can borrow against the hype.
minus-squareT. Hex@lemmy.dbzer0.comlinkfedilinkarrow-up0·1 month agoSurely there is a dump step following the pump? Or is it pump, borrow, repeat?
minus-squaredeegeese@sopuli.xyzlinkfedilinkarrow-up0·1 month agoBorrowing against shares is the dump.
minus-squareanomnom@sh.itjust.workslinkfedilinkEnglisharrow-up0·1 month agoHave the lenders realized they’re never getting their money back or did the ipo cover it on paper?
You missed the critical middle step of pumping up market valuation so you can borrow against the hype.
Surely there is a dump step following the pump?
Or is it pump, borrow, repeat?
Borrowing against shares is the dump.
Have the lenders realized they’re never getting their money back or did the ipo cover it on paper?