The Evil Diaries: A Massive Scam

0 mins. to read

Older readers will recall Nasdaq-quoted World Acceptance (WRLD). It was then $20 and set to collapse. In the event, year after year, the imminent raids from the Feds never materialised and World got up to close on $100. I just gave up.

But this is a massive scam and, on Monday, Seeking Alpha published a slammeroony of a bear case for World. The US authorities are now set upon killing World off. World closed at $72 last night. But that is a very generous starting price for bears to renew their enthusiasm. At the last count, there was plenty of borrow.

Comments (0)

Comments are closed.