Hacker News new | past | comments | ask | show | jobs | submit login

That subreddit is just a scapegoat. There are so many other places people are looking for the next big return.

Also you can short dog companies still. But if there are to many people shorting it, like GME had, you do run this risk. That's not any internet forum's fault.

That said, it can be really hard to make money betting on stocks to go down. I believe it was Care.com where people were putting out similar reports of how terrible the company was & the horrific incidents happening. In the first half of 2018 you had articles pointing out all these issues. It's stock kept going up around 30% before it finally crashed in the beginning of 2020.

Of course it is only fair to also call out all the quality companies where short investor companies try to keep the price down for ages or publish BS to profit off shorts. That was a big thing for those who were happy to short squeeze during GME.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: