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0 pointsjrs23513y ago0 comments

I wonder if they have short bets (in systems like InTrade or similar shadow trading systems) on the companies they drag through the dirt.

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2 comments · 2 top-level

bitcartel13y ago

Probably not. First, if you search InTrade you won't find anything related to LivingSocial. Second, it's not legal for anybody in the US to bet via InTrade[1], and Privco is a US company with it's founder Sam Hamadeh based in New York[2].

[1] http://dealbook.nytimes.com/2012/11/26/after-regulatory-sanc...

[2] http://en.wikipedia.org/wiki/Sam_Hamadeh

samstave13y ago

I'd bet they do. and they probably have some hedge fund backer thats specifically creating these shorts.

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