Re: The Strange Art of Moving the Goalposts to Score Losing Own Goals
"The point is that the original starters of this game EXPECTED to lose 100% and openly stated as much."
It wouldn't be the first time an 'investor' bought up shares in a company to kill off a product or technology and shut it down. Loosing 100% is of little concern and certainly not illegal. The big software houses are sitting on piles of technology and the corpses of numerous competing startups.
Who are we to question the bigger picture of some Reddit blogger who is doing the same thing? The acid test will be whether the organizers of this movement have dotted their Is and crossed their Ts should the SEC decide that they are providing investment advice. That they were honest about the possibility of others losing 100% of their investments may be good enough.
Biting the hand that feeds IT
