LogFAQs > #950024450

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, Database 7 ( 07.18.2020-02.18.2021 ), DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicReddit User uses Gamestop Stock to Pay Off Student Loans...
Muscles
01/28/21 3:55:37 PM
#20:


Yellow posted...
A pump and dump is when a group of investors hype up one stock to get it overinflated. The dump comes when you sell it at the top, leaving certain people with bags of useless capitol. In this case market manipulators who made a living destroying small businesses, who were left bankrupt.

It was an illegal move by the little guy to fuck over the evil hedge fund managers in a story of vigilante justice and I hope it happens over and over again until there are no hedge funds left.
I get that part but its not its just taking advantage of people to buy stock that won't go anywhere, the hedge fund is already buying it back so the investors aren't having the rug pulled out from under them, they're just beating the hedge funds at their own game

---
Muscles
Chicago Bears | Chicago Blackhawks | Chicago Bulls | Chicago Cubs | NIU Huskies
... Copied to Clipboard!
Topic List
Page List: 1