- cross-posted to:
- hackernews@derp.foo
- technews@radiation.party
- cross-posted to:
- hackernews@derp.foo
- technews@radiation.party
YouTube TV, which costs $73 a month, agrees to end “$600 less than cable” ads::Google to “modify or cease” ads after industry review board rejects appeal.
It’s not a matter of understanding the failure is systemic.
Shareholders only buy shares for the expected growth, not so much for the dividends. Dividends are literally pennies on the hundred dollar costs. Single digits percent annually.
At some point prices have to adjust to material reality and someone will lose money. Sometimes expected growth is not possible.
Hence when predatory shorting takes place while long institutions switch to short positions hoping retail joins in on selling shares to allow the stock to crater and delist from the open market thus facilitating cellar boxing to occur, making them even more money then they made on the upside. It’s why wall street actually loves bubbles and helps create them…
Well maybe retail but hedge funds love shorting shit to the ground. Having unrealistic growth goals sets a company up to eventually reach a point where they can switch the narrative to decline in a company because of missed unrealistic growth goals, that’s where the big boys make a lot of fucking money as once a stock gets delisted they can warehouse and never settle failed to deliver trades, or naked shorts that inflated the number of shares available to exponentially grow there position on the downside. It’s a game of siphoning money away from the public.