Are short sellers just gluttons for pain at this point? Or are they simply convinced they are riding out what could be the largest stock bubble in the history of human kind?
Wells Fargo has led the sector when it comes to massive scandals and botching Small Business Relief Loans - so why not lead the way when it comes to announcing massive layoffs?
The writing is on the wall, and as I have written about numerous times, Central Banks are well aware of the necessity to move a significant portion of their reserves into gold bullion, which is exactly why they have been net positive buyers over the last couple of years.
Growing increasingly desperate due to a falling stock price and broken business model, Kodak floated the idea of buying TikTok’s U.S. business. “Our KodakCoin didn’t work and it’s looking like our COVID-19 pump and dump isn’t going to work either,” an executive for Kodak stated.
"Employees are scared, there's a lot of questions and concerns. There's no guide to what to do when the U.S. president says he's going to eliminate a job you love in 45 days."