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I’m no Wall Street whiz kid, but what’s the difference between people making a joint decision to buy stocks on a web forum and people doing same in a boardroom or by phone? If the hedge funds are losing a lot of money, shouldn’t they just change strategies?
posted ago by KX909 ago by KX909 +890 / -0

They don’t NEED to short stocks. If you are getting results you don’t like, shouldn’t you adjust accordingly? Free market and whatnot?

Doesn’t capitalism require creative destruction to advance and behave efficiently?

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– Tendie_inspector 15 points ago +15 / -0

When we do it they call it market manipulation. When they do it they call it buying power.

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