$MicroAlgo (MLGO.US)$ When studying finance, textbooks will ...
When studying finance, textbooks will teach how entrepreneurs start by building a small business and then make it grow. After a period of time, in order to expand the enterprise and obtain more funds, they will consider going public to achieve this.
After getting sufficient funding from the IPO, then gradually expand the business to achieve more revenue, more profit to increase the value for the company and repay the shareholders...
However, everything changed since the practice of allowing short selling; greedy short sellers, regardless of the company's quality, spare no effort to drive down the stock price quickly to seek huge profits...
Recently, an AI company that just went public a few months ago was beaten down to a few cents of stock value and fell into the OTC trading platform, leaving investors penniless.
Not only are investors disappointed, but also those entrepreneurs who really want to create something valuable for society. How can they bear it?
In the end, it is still the general public who suffer the losses... Short sellers, please remember the conscience when you make hefty profits in return.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment