- 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.
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…