this post was submitted on 13 Jul 2026

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submitted 4 months ago by cm0002@libretechni.ca to c/whitepeopletwitter@sh.itjust.works

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[–] deegeese@sopuli.xyz 94 points 4 months ago (4 children)

You missed the critical middle step of pumping up market valuation so you can borrow against the hype.

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[–] 0x0@lemmy.dbzer0.com 11 points 4 months ago (3 children)

Surely there is a dump step following the pump?

Or is it pump, borrow, repeat?

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[–] deegeese@sopuli.xyz 20 points 4 months ago (2 children)

Borrowing against shares is the dump.

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[–] anomnom@sh.itjust.works 2 points 4 months ago (1 child)

Have the lenders realized they’re never getting their money back or did the ipo cover it on paper?

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[–] oyo@lemmy.zip 1 point 4 months ago

He buys the previous failed business with the current pump to hide the losses. It's shells stacked in a pyramid.

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