this post was submitted on 21 Jul 2023
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[–] PeleSpirit@lemmy.world 2 points 1 year ago (1 children)

Are the investors that stupid? I have a hard time believing that they just blindly go in thinking everything is great when it's obviously bots a lot of the time and fuzzy numbers being pushed towards their direction. They read the tech news before they buy a tech company, right?

[–] StealthToad@lemmy.world 1 points 1 year ago* (last edited 1 year ago) (1 children)

Honestly I just assume these people are driven by their greed and only care about numbers

Morality is a lost concept these days, people just want power and money

I guess to be fair, I have lost just about all my faith in society/humanity so I just assume the worst lately.

[–] rm_dash_r_star@lemm.ee 2 points 1 year ago (1 children)

If he's just looking to cash out and move on then what he's doing makes sense. Otherwise it's insanity. He'll be going down with the ship. As far as investors, I think it's mostly speculation.

[–] StealthToad@lemmy.world 1 points 1 year ago

I just really get this feeling that he is. Or maybe I’m just trying to apply logic to the situation, because you’re right it is insanity.