It amuses me more than it should that a major hedge fund is suffering now because of a random band of internet trolls. I don't condone their actions, but I also don't have much sympathy for the hedge fund.
They saw an opportunity and used it.
They are pretty much just doing it as a troll. I don't advocate punishing them or anything, but it isn't the best motivation for someone to act upon.
It was a good business opportunity. The risks of shorting naked shorts was... well, naked. IF and IF they can manage to pull this off, the flock will end up wealthier. It was sound advice. It was a check on the balance that hasn't ever been seen before.
The people in the carriage with them profit; how is this a troll? Riling the base into supporting a good move maybe, but you're talking about dog eat dog economics and worrying about moral implication?!?!!?
Poll
