The word "raid" is the key here. This is an illegal practice. It's a group of investors deciding to lower the share price by short selling shares they own, while simultaneously spreading rumors the company is in trouble.
The plan is to lower the price of the shares by selling what they own, then spread enough rumors so that the other shareholders panic after they hop online and see that the company looks to be in trouble, and sell off their shares, too. Then, when the shares are nice and cheap, they buy more shares to replace the ones they sold.
Technically, buying and selling right away is fine. It's a short -term investment. But doing so in a group to manipulate the price is illegal, and the rumor mongering is fraud. But in the days of the internet, rumors are awfully hard to trace.
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Finance: What's the Difference Between B...159 Views
Finance a la shmoop what's the difference between bear and bull? bear
pessimistic bad growly things coming Negative Nancy boo bear...Bull [Bear walking into water]
awesomesauce life's good you take it by the you know horns alright we're gonna
apply bear and bull to markets here but they apply to a whole lot of things and
a bear market is actually technical nomenclature that refers to sustained or [Bear market definition on 100 dollar bill]
prolonged periods of time where stock prices generally just fall...three
four five six seven eight quarters where the market craps the bed down down down
the bear market pattern is different from just a correction when the market
takes just a short term dump and then well you know quickly recovers yeah like [Bear market graph]
it has a bad quarter or two and then starts climbing again well that's not
the big bad bear that's just a correction a bull market is just the
opposite it goes up up up like this guy in his balloon-powered house and that's [House with balloons travels up a stock value graph]
it both are dangerous in the wild but on Wall Street huh you just have to watch
out for the Bears [Bear chasing a woman]
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