Post #1391841
2026-04-16 04:25 UTC
Failing company announces it now has bridge to sell you, sending shares soaring
Replies (3)
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@jsatk@sfba.social 2026-04-16 06:29
@graue@social.coop this is so funny
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@BillySmith@social.coop 2026-04-16 07:45
@graue@social.coop As they say in the City, "Even a dead cat bounces once." I remember companies doing this during the dotcom bubble in the late 1990's, just before the bottom fell out of the market.
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@Andii@climatejustice.social 2026-04-16 08:00
@graue@social.coop This is what fossil fuel extractors ought to be doing. Only with renewable energy ... Oh and they have the finance squirrelled away already ...