• EmpathicVagrant@lemmy.world
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    3 hours ago

    specialty buy-only pawn shop did a bunch of buybacks after the shorting trend to recover.

    Quietly built a bunch of cash and assets to put against the bid

    Buy out a lead competitor online exchange to improve visibility and short term profits

    Coming soon - digitize and buy/sell to people directly while still reaping a slice for themselves for a small amount of the cost of workers

    They’ll be back under in 6-10 years minimum with how they spend.