• shani66
    link
    fedilink
    English
    arrow-up
    4
    ·
    edit-2
    2 months 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.