Quote:
Originally Posted by Edward64
I don't disagree but it's not clear to me where the line is before it becomes stock/market manipulation. Dunno.
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I'd be a lot more sympathetic if these same hedge fund folks weren't the ones who have free and complicit platforms like CNBC that allow them to go on and talk down stocks right after they bought them to short. How is that any different than what r/wsb is doing? Hell, at least what they're doing is open and honest - they can't shut up about it on Reddit.
And, yes, I worry this risk is a contagion towards the greater market. But, on the other hand, these financial assholes have been skimming off of our retirement for years so it's not like what they're doing is a victimless crime either.
SI