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FreeSpirit1 · 51-55, F
I'm a staunch capitalist but this kind of stuff is what gives it a bad name.
NoahB · 26-30, M
@FreeSpirit1 which stuff? average people making money doing what Wall Street does or was street stepping in an making the free market unfree?
FreeSpirit1 · 51-55, F
@NoahB screwing with stocks.
One group betting they would go down based on the performance of a company and others getting the stock price to increase, not on the outlook of the company but just to keep the other group from profiting. Stock Jockeys
One group betting they would go down based on the performance of a company and others getting the stock price to increase, not on the outlook of the company but just to keep the other group from profiting. Stock Jockeys
SW-User
@NoahB @FreeSpirit1 This wasn't some rich group of savvy investors. This was a bunch of aholes on Reddit manipulating the market and f*cking with hedge funds.
NoahB · 26-30, M
@FreeSpirit1 hate to tell you but that’s been the name of the game for decades now
FreeSpirit1 · 51-55, F
@NoahB why do you hate to tell me? I just said it's what gives capitalism a bad name.