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0 pointsglesica10y ago0 comments

Find out who made money by shorting it, there's your list of suspects, or at least co-conspirators (if this turns out to be a hack).

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caskance10y ago

Or people who use twitter and like to gamble.

getsat10y ago

Or bots who subscribe to Twitter feeds and open trades based on sentiment

chatmasta10y ago

In that case the suspects could be the ones buying it after it dropped $1, since it went up afterward.

As long as securities react to hacks, there will be a massive incentive to 1) hack, and 2) overstate the hack's significance. Furthermore, as bots become more sophisticated, confusing them becomes easier. If you know bots will short CompanyX when "CompanyX hacked" hits the headlines, then you have an unfair advantage just by being the first to know of the hack.

glesicaOP10y ago

That's why I said "list of suspects" instead of "culprit".

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