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by vkou
1150 days ago
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Through a combination of divination by star signs and chicken entrails, reddit determined that the bankruptcy is fake, the business is actually amazing, and the only reason everyone thinks the company is doomed is because it is being shorted by bad people. If they just buy and 'hodl', the shooters will get squeezed, and all the holders will make infinity dollars. After buying mountains of stock, they've come up with insane theories for why this isn't a real bankruptcy, why some angel is going to come in at the eleventh hour to rescue their BBBY and how they will all get 1:1 shares in the angel's firm. It's flat earth/rapture insanity, except these people are financially invested into their delusions. |
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If there isn't already social sciences literature on The Unreasonable Effectiveness of Enemy Narratives, there should be, and I'd like to read highlights that exist.