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submitted 1 week ago by ZippyBot@lemmy.zip to c/gaming@lemmy.zip
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[-] shani66@ani.social 4 points 1 week ago* (last edited 1 week ago)

Because they don't care. They talked a big game, pointing out obvious flaws for normal people, but they just want to get a profit on their day trading. Investors are also terminally stupid, they have no pattern recognition, so when a company cuts operating costs the evaluation will very temporarily go up even if it's objectively a bad thing in every possible way. I assume the grift is clear going forward from there.

[-] HK65@sopuli.xyz 5 points 1 week ago

Investors are also terminally stupid,

Also, they are mostly bots.

this post was submitted on 11 Sep 2024
40 points (95.5% liked)

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