Comment by utxutxitxi
13 days ago
He didn't actually buy it, nor does he have the money to. He just "committed" to buying it at a later date to disrupt the supply chain for his competitors. It's scams all the way down.
13 days ago
He didn't actually buy it, nor does he have the money to. He just "committed" to buying it at a later date to disrupt the supply chain for his competitors. It's scams all the way down.
And he doesn't even have to follow through if he doesn't need it, he can probably sell it into the super tight market and profit that way.
I guess the memory companies loved the deal because they knew prices would skyrocket. I wonder if there are rules against cornering the market that apply here.
All in all, it stinks.
No, he made deals with each manufacturer in secret. That way neither of them realized how much the deal would affect global supply. It was underhanded all around.
Yeah, good clarification. But the deal is made nonetheless, for the time being we have to expect it to be carried out and act accordingly.