Nice!! - Lemmy.World

This will be good for lots of DD we shall prevail my PPs. We have been silenced but we will roar!!

What is this community!? It just randomly appeared in my feed and I have no idea what this is lmao

it’s a weird one but behind all of the smoke and mirrors, it’s a group of investors who are closely following the Bed Bath & Beyond (BBBY) bankruptcy.

We’ve been watching as hedge funds have conjured up billions of shares (many more than actually exist) and sold them all to drive the price down. This (illegal) practice is called naked shorting, and it’s how a popular household name has been forced into bankruptcy.

Still, bankruptcy is a process and the story’s not over yet.

Huh, interesting.
You may find some interest in WhyDRS.org and marketliteracy.org.
WhyDRS | Direct Register Your Shares to Protect Your Investment

WhyDRS is an educational resource about the Direct Registration System (DRS). Direct registration is the only way to have sole legal ownership of your shares.

WhyDRS