People who profit from the tanking of companies through hostile takeovers may want to take note.
SO instead of investing in a company, using exploited proxy voting to get board seats, and then signing contract deal for superfluous consulting agents that add fees beyond the wa-zoo to tank a company over three quarters.
Instead, Vulture capitalists can now just use social media to tank companies.
As evidenced by the proliferation of the Kellogg’s Strike and many other Corporate strikes and boycotts.
The Basic template is this;
Leverage a short position in a large company.
Make the CEO or a board room executive talk shit about the poors.
Make it viral on social media.
And let the Fugazzi Astro turf that you created take hold to boycott and tank a company.
In Closing,
This is unethical.
You’re welcome.
Don’t worry, I hate myself for writing this. But this is a viable model in a shit system.
For the average layman, think twice about whether you’re being used through media sentiment.
For the average Capitalist, you could make more money and ethics by solving a problem instead of taking out good companies (not implying Kelloggs is good)
*Not Valid Financial, Legal, Life, or Any Advice