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[–] 68 points 3 months ago (1 child)

Yeah because public companies are just investment scams now. The product they make is not their primary revenue. Once CEOs figured out you can just say shit on social media and juice the stock. Its market manipulation all the way down. At least with private companies its still about making a product or service and serving your customers and no private equity doesn't count that is a different scam. Where you offload debit.

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  • [–] 38 points 3 months ago (1 child)

    They can also choose to intentionally make slightly less money if there's something they want to do first, or spend resources/time on stuff that doesn't bring in revenue. In a publicly traded company, the investors can sue for mishandling their investment.

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