I’d like to point out that the occupy fiasco had no plan except stink up the streets while pretending to make a difference.
What we’re seeing today is a much more methodical appropriation of justice through financial collaboration. I expect the newfound love of the “short squeeze” to be amplified as more normies want to play a hand.
Your right you also spooked America’s biggest investors, setting the stage for a recession under a commie president that will use the opportunity to destroy the private sector and accelerate socialism.
If a mob stops people from short selling it destroys the pricing mechanism of the market. You determine how valuable something is based on how many people buy/sell it and for how much. You can’t just send a mob after short sellers and expect the pricing mechanism to work.
If the pricing mechanism doesn’t work then investors don’t invest, because it becomes a crap shoot.
The reason people will buy an Apple stock for $400 right now is because the pricing mechanism tells us that’s how much millions of people have determined it’s worth. If millions of people would have bet against Apple but didn’t because they’re afraid of a Reddit mob, it completely throws off the price.
If you can’t tell whether Apple is worth $1 or $1000 you’re not going to buy it. When investors don’t invest it’s called a recession.
Excuse me, but the difference is short selling is an artificial undermining of a stock by hedge funds to purposely lower its price before having to pay back a loan.
Investors will continue to invest in less risky, less profitable stocks just the same as they were before.
Also, your decision to use Apple as an analogy is horrible. Their stock price is based on sales trends and long term sustainability. They’ve proven their model is sound. No hedge fund can force you to believe they will fail by disseminating misinformation about their stability.
Seriously, if you think this will cause a recession you’re being disingenuous. Energy dependance and rising gas prices, rising costs of food and artificially setting minimum wage at inflated levels would have been a much better choice for reasoning behind a recession.
Congratulations, you got a bunch of “biLLiOnaReS” random investors to lose 70 billion 17 billion dollars, most of which went to Morgan Sachs and other big businesses, not Reddit trolls with $400 investments.
In the meantime you have added a mob element into a market and destroyed the pricing mechanism of the stock market (aka the entire point of the stock market).
Private wealth is how resistance movements opposed communism. But destroying the stock market seems like a great idea! Durr eat the rich, or something
I don’t think you understand. A lot of these hedge funds have guys like Scaramucci and former Bush and Obama officials invested in them. This is a direct loss for them.
And no it has not destroyed the stock market, it’s done the exact opposite for a lot of people.
“Nobody bats an eye when the little guy loses everything, but when billionaires get played for 70 billion....well then everyone loses their minds.”
Lefties today talk about Occupy like it was such a thing. Like ohhhh, go to any city in a blue state and they're occupied with homeless drug addicts.
I’d like to point out that the occupy fiasco had no plan except stink up the streets while pretending to make a difference.
What we’re seeing today is a much more methodical appropriation of justice through financial collaboration. I expect the newfound love of the “short squeeze” to be amplified as more normies want to play a hand.
You prevented a shitty (Chinese) company from going bankrupt, for about a week.
JUSTIZZ!
That’s a poor representation of the facts.
Your right you also spooked America’s biggest investors, setting the stage for a recession under a commie president that will use the opportunity to destroy the private sector and accelerate socialism.
WINNING!
Setting the stage? So the investors who back shorting stocks are the reason we’re not in a recession? Foolish.
Not what I said, moron.
If a mob stops people from short selling it destroys the pricing mechanism of the market. You determine how valuable something is based on how many people buy/sell it and for how much. You can’t just send a mob after short sellers and expect the pricing mechanism to work.
If the pricing mechanism doesn’t work then investors don’t invest, because it becomes a crap shoot.
The reason people will buy an Apple stock for $400 right now is because the pricing mechanism tells us that’s how much millions of people have determined it’s worth. If millions of people would have bet against Apple but didn’t because they’re afraid of a Reddit mob, it completely throws off the price.
If you can’t tell whether Apple is worth $1 or $1000 you’re not going to buy it. When investors don’t invest it’s called a recession.
Excuse me, but the difference is short selling is an artificial undermining of a stock by hedge funds to purposely lower its price before having to pay back a loan.
Investors will continue to invest in less risky, less profitable stocks just the same as they were before.
Also, your decision to use Apple as an analogy is horrible. Their stock price is based on sales trends and long term sustainability. They’ve proven their model is sound. No hedge fund can force you to believe they will fail by disseminating misinformation about their stability.
Seriously, if you think this will cause a recession you’re being disingenuous. Energy dependance and rising gas prices, rising costs of food and artificially setting minimum wage at inflated levels would have been a much better choice for reasoning behind a recession.
Short selling doesn’t artificially lower the price of a stock. It has the same effect as someone saying “I think this stock is bad.” Repeat Econ 10
That’s called fraud. Fraud is a crime.
You’re ignoring the part where billionaire hedge funds lose upwards of 70 billion dollars but ok, stay in delusion world.
Congratulations, you got a bunch of
“biLLiOnaReS”random investors to lose70 billion17 billion dollars, most of which went to Morgan Sachs and other big businesses, not Reddit trolls with $400 investments.In the meantime you have added a mob element into a market and destroyed the pricing mechanism of the stock market (aka the entire point of the stock market).
Private wealth is how resistance movements opposed communism. But destroying the stock market seems like a great idea! Durr eat the rich, or something
I don’t think you understand. A lot of these hedge funds have guys like Scaramucci and former Bush and Obama officials invested in them. This is a direct loss for them.
And no it has not destroyed the stock market, it’s done the exact opposite for a lot of people.
“Nobody bats an eye when the little guy loses everything, but when billionaires get played for 70 billion....well then everyone loses their minds.”
Some of us are focused on saving our country not getting vengance on Scaramucci.
And yes this will crash the market you have no idea wtf you’re even talking about
Sure bud
Occupy was a populist movement that was infiltrated by big money. Occupy was great until they started paying people to instigate, I was there lol
Yeah right. Name one useful thing that ever came out of it outside of people doing drugs and camping in city parks.
It was an astroturfed movement to take momentum away from Ron Paul and the Tea Party - who actually represented a threat to the swamp
Thank you... Seriously I can't believe how easily people here were duped. Reddit of all places lmao.