schizoidman@lemmy.ml to Technology@lemmy.mlEnglish · 6 months agoHumane is looking for a buyer after the AI Pin’s underwhelming debutwww.theverge.comexternal-linkmessage-square35fedilinkarrow-up1150arrow-down12
arrow-up1148arrow-down1external-linkHumane is looking for a buyer after the AI Pin’s underwhelming debutwww.theverge.comschizoidman@lemmy.ml to Technology@lemmy.mlEnglish · 6 months agomessage-square35fedilink
minus-squareAggressivelyPassive@feddit.delinkfedilinkarrow-up5·6 months agoIt does. Hype. People and smaller investors are told that this company is the next big thing, so they buy it at high prices.
minus-squaregrrgyle@slrpnk.netlinkfedilinkarrow-up1·6 months agoEven as a dumb investor you can extract a lot of money via pump and dump. Just got to get in/out at the right times. Spread that out over several portfolios, and you can get rich without ever contributing a single thing to your community!
minus-squaregrrgyle@slrpnk.netlinkfedilinkarrow-up1·6 months agoYep, which is why you’ve got to sell while folks think it’s still pumping time. Then everyone in the know dumps and it’s better luck next time to the bag holders. If you aren’t in the know, well, hope you’re lucky.
deleted by creator
It does. Hype.
People and smaller investors are told that this company is the next big thing, so they buy it at high prices.
Even as a dumb investor you can extract a lot of money via pump and dump. Just got to get in/out at the right times.
Spread that out over several portfolios, and you can get rich without ever contributing a single thing to your community!
deleted by creator
Yep, which is why you’ve got to sell while folks think it’s still pumping time. Then everyone in the know dumps and it’s better luck next time to the bag holders.
If you aren’t in the know, well, hope you’re lucky.