This was my theory too.
Comment on Unity Backpedals on Its Horrible Plan for Game Install Fees Amid Developer Backlash
nul9o9@lemmy.world 1 year ago
Step 1: Propose an incredibly stupid, greedy, unpopular move that gets everyone pissed off Step 2: Announce a change of plans due to the feedback, and implement your original less stupid, greedy, unpopular move.
orca@orcas.enjoying.yachts 1 year ago
xkforce@lemmy.world 1 year ago
Step 2 is short sell stock not revert idiotic changes
reverendsteveii@lemm.ee 1 year ago
That’s step 0. They’ve already done it.
ada@lemmy.blahaj.zone 1 year ago
I don’t know whether you care about the specifics, but just in case you do…
Selling stock you own before a price drop isn’t selling short. Insider trading yes, but not selling short.
Selling short requires you borrow stock you don’t own and then sell it, with a promise to purchase it later. If you know a price drop is coming, then you make money on the fact that you’ve sold it at a higher price than you need to pay to purchase it.
reverendsteveii@lemm.ee 1 year ago
The comment I was replying to said “sell/short”, either being strategies to protect yourself when you’ve got insider info that your company is about to hemorrhage money.