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by jrs235 4867 days ago
I wonder if they have short bets (in systems like InTrade or similar shadow trading systems) on the companies they drag through the dirt.
2 comments
bitcartel 4867 days ago
Probably not. First, if you search InTrade you won't find anything related to LivingSocial. Second, it's not legal for anybody in the US to bet via InTrade[1], and Privco is a US company with it's founder Sam Hamadeh based in New York[2].

[1] http://dealbook.nytimes.com/2012/11/26/after-regulatory-sanc...

[2] http://en.wikipedia.org/wiki/Sam_Hamadeh

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samstave 4867 days ago
I'd bet they do. and they probably have some hedge fund backer thats specifically creating these shorts.
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