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by danhak
1961 days ago
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In your hypothetical example, a stock is going up and up, and I suspect it might be fraudulent, and you believe I have no incentive to pull my money out before the house of cards collapses? Getting my money out is all the incentive I need! I bet plenty of Theranos investors would've loved to do exactly that. And there was no shorting involved in that company. |
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The standard answer is the government. Which is fine but reduces a moral position to an operational one.