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Topic | Reddit 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.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! |
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