penny hedge funds
Are there any such animals?? LOL I don't know of any if there are. Probably the closest you could come to that would be toxic financing companies shorting against the box, though I don't think that happens nearly as much as it used to. Seems like a lot of companies became wise to it after Cornell/YA Global crushed companies into the ground with that tactic over the years. Most penny company CEO's nowadays include "no shorting" cluases in their deals with financiers. I suspect there's still some dumb ass CEO's out there who forget to include it, but not that many.
Populus vult decipi, et decipiatur
"The people wish to be deceived, so let them be deceived."