Current Events > crowd sourced market manipulation is as unethical as institutional market manipu

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g980 01/27/21 8:01:51 PM #1:	lation. it doesn't matter if you sympathize with the victim or not (not to say the ridiculous short positions were a good idea - or ethical/legal if they were naked) --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949995207] in crowd sour... [t:79263719]...</cite> <quote>lation. it doesn't matter if you sympathize with the victim or not (not to say the ridiculous short positions were a good idea - or ethical/legal if they were naked)</quote> ... Copied to Clipboard!
WingsOfGood 01/27/21 8:03:48 PM #2:	Wrong. Crowd sourced is not a cohesive group. You have no idea what some rando on reddit is actually thinking or planning. The institutional actually writes up legal agreements. <cite>WingsOfGood posted [p:949995275] in crowd sour... [t:79263719]...</cite> <quote>Wrong. Crowd sourced is not a cohesive group. You have no idea what some rando on reddit is actually thinking or planning. The institutional actually writes up legal agreements. </quote> ... Copied to Clipboard!
Orchestrion 01/27/21 8:04:33 PM #3:	Shut the fuck up --- https://imgur.com/N8KckAr https://imgur.com/LfbgFCJ <cite>Orchestrion posted [p:949995298] in crowd sour... [t:79263719]...</cite> <quote>Shut the fuck up </quote> ... Copied to Clipboard!
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lzual 01/27/21 8:06:03 PM #5:	Free market capitalism is only good if the big boys make money! --- https://gamefaqs1.cbsistatic.com/user_image/3/6/6/AAJHVqAAA0Ve.jpg <cite>lzual posted [p:949995340] in crowd sour... [t:79263719]...</cite> <quote>Free market capitalism is only good if the big boys make money! </quote> ... Copied to Clipboard!
g980 01/27/21 8:06:09 PM #6:	metallica846 posted... Wouldnt you say the public crowdsourcing is only possible because of the back room deals being made to short stocks? Without the shorts there would be no squeeze? how is short selling a stock a 'back room deal'? --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949995344] in crowd sour... [t:79263719]...</cite> <quote>metallica846 posted...</cite> <quote>Wouldnt you say the public crowdsourcing is only possible because of the back room deals being made to short stocks? Without the shorts there would be no squeeze? </quote> how is short selling a stock a 'back room deal'?</quote> ... Copied to Clipboard!
g980 01/27/21 8:06:21 PM #7:	Orchestrion posted... Shut the fuck up high quality post, thank you WingsOfGood posted... Wrong. Crowd sourced is not a cohesive group. You have no idea what some rando on reddit is actually thinking or planning. The institutional actually writes up legal agreements. well there were a lot of comments talking about forcing a short squeeze so we know what a lot of randos on reddit are thinking --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949995352] in crowd sour... [t:79263719]...</cite> <quote>Orchestrion posted...</cite> <quote>Shut the fuck up </quote> high quality post, thank you WingsOfGood posted...</cite> <quote>Wrong. Crowd sourced is not a cohesive group. You have no idea what some rando on reddit is actually thinking or planning. The institutional actually writes up legal agreements. </quote> well there were a lot of comments talking about forcing a short squeeze so we know what a lot of randos on reddit are thinking</quote> ... Copied to Clipboard!
Abiz_ 01/27/21 8:07:12 PM #8:	metallica846 posted... Without the shorts there would be no squeeze? Correct. You can't do what these people did on reddit without backroom deals happening first. <cite>Abiz_ posted [p:949995379] in crowd sour... [t:79263719]...</cite> <quote>metallica846 posted... </cite> <quote>Without the shorts there would be no squeeze?</quote>Correct. You can't do what these people did on reddit without backroom deals happening first. </quote> ... Copied to Clipboard!
WingsOfGood 01/27/21 8:07:48 PM #9:	Tc, what do you make of them lying about leaving their position and it being parroted on the news? Also, some guy in the hedge was gonna livestream about why people should believe them about the value of the stock. <cite>WingsOfGood posted [p:949995405] in crowd sour... [t:79263719]...</cite> <quote>Tc, what do you make of them lying about leaving their position and it being parroted on the news? Also, some guy in the hedge was gonna livestream about why people should believe them about the value of the stock. </quote> ... Copied to Clipboard!
WingsOfGood 01/27/21 8:08:12 PM #10:	g980 posted... well there were a lot of comments talking about forcing a short squeeze so we know what a lot of randos on reddit are thinking Comments =/= thoughts <cite>WingsOfGood posted [p:949995424] in crowd sour... [t:79263719]...</cite> <quote>g980 posted... </cite> <quote>well there were a lot of comments talking about forcing a short squeeze so we know what a lot of randos on reddit are thinking</quote> Comments =/= thoughts </quote> ... Copied to Clipboard!
g980 01/27/21 8:08:14 PM #11:	WingsOfGood posted... Tc, what do you make of them lying about leaving their position and it being parroted on the news? also unethical. maybe illegal? WingsOfGood posted... Comments =/= thoughts um ok when funds participate in market manipulation they aren't really writing up legal agreements either --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949995425] in crowd sour... [t:79263719]...</cite> <quote>WingsOfGood posted...</cite> <quote>Tc, what do you make of them lying about leaving their position and it being parroted on the news?</quote> also unethical. maybe illegal? WingsOfGood posted...</cite> <quote> Comments =/= thoughts </quote> um ok when funds participate in market manipulation they aren't really writing up legal agreements either</quote> ... Copied to Clipboard!
Abiz_ 01/27/21 8:08:40 PM #12:	WingsOfGood posted... Tc, what do you make of them lying about leaving their position and it being parroted on the news? Wait so that one hedge fund didn't back out? <cite>Abiz_ posted [p:949995439] in crowd sour... [t:79263719]...</cite> <quote>WingsOfGood posted... </cite> <quote>Tc, what do you make of them lying about leaving their position and it being parroted on the news?</quote>Wait so that one hedge fund didn't back out? </quote> ... Copied to Clipboard!
NightMarishPie 01/27/21 8:09:10 PM #13:	I never knew someone could be so wrong until I read TC's post. --- "Who dares, wins" 3DS FC: 1521 3697 7272 <cite>NightMarishPie posted [p:949995453] in crowd sour... [t:79263719]...</cite> <quote>I never knew someone could be so wrong until I read TC's post. </quote> ... Copied to Clipboard!
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Jabodie 01/27/21 8:10:23 PM #15:	Idk about ethics but they are both bad for the market --- <insert sig here> <cite>Jabodie posted [p:949995501] in crowd sour... [t:79263719]...</cite> <quote>Idk about ethics but they are both bad for the market </quote> ... Copied to Clipboard!
g980 01/27/21 8:10:59 PM #16:	metallica846 posted... I am a layman on this stuff so Im still learning. From what I have read, investment firms get together and coordinate their positions and work together to do it and short companies. Eventually the company goes down and they make money? This Reddit stuff is just the public seeing the shorts and screwing them over for getting greedy. You know more than I do. nah short selling is a perfectly legitimate, (somewhat) regulated contract just means they sell a stock that they don't own on day t with an agreement to deliver it on time t+n if the stock is cheaper on t+n, they make money. if it's more expensive, they lose money. it is very risky because there is no real cap on how much they could owe on day t+n. --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949995519] in crowd sour... [t:79263719]...</cite> <quote>metallica846 posted...</cite> <quote> I am a layman on this stuff so Im still learning. From what I have read, investment firms get together and coordinate their positions and work together to do it and short companies. Eventually the company goes down and they make money? This Reddit stuff is just the public seeing the shorts and screwing them over for getting greedy. You know more than I do. </quote> nah short selling is a perfectly legitimate, (somewhat) regulated contract just means they sell a stock that they don't own on day t with an agreement to deliver it on time t+n if the stock is cheaper on t+n, they make money. if it's more expensive, they lose money. it is very risky because there is no real cap on how much they could owe on day t+n.</quote> ... Copied to Clipboard!
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SPE 01/27/21 8:15:35 PM #18:	the motley fool issues rare* ALL IN BUY NOW! Alert! Click here to know more! => ok rare my ass, same add with a different company every month redditor saying buy dis stock => No! Unethical!! --- Welcome to the Spore Store! My shrooms are delicious, suspicious, but never malicious! <cite>SPE posted [p:949995665] in crowd sour... [t:79263719]...</cite> <quote>the motley fool issues rare ALL IN BUY NOW! Alert! Click here to know more! => ok *rare my ass, same add with a different company every month redditor saying buy dis stock => No! Unethical!! </quote> ... Copied to Clipboard!
g980 01/27/21 8:16:02 PM #19:	metallica846 posted... What is the endgame of shorting a dying company like GameStop that these hedge funds were doing? What happens to their positions when the stock hits zero? not too sure about stock hitting "zero" i think they'd be delisted before then at some point they let their shorts expire and move on the semi legitimate complaint is that short selling puts downward pressure on a stock, which could be abused but it's generally going to be legitimate downward pressure. people go into short positions because they're confident the stock will go down* - which in GME is a legitimate stance because it's falling apart. the ridiculous amount of shorts out on GME could be either a lot of legitimately negative outlook on the company, or nefarious coordination to push the price down. idk. if it's the latter that's obviously not ok, but is also not really relevant to whether pumping the price is ok either. and other hedging reasons --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949995687] in crowd sour... [t:79263719]...</cite> <quote>metallica846 posted...</cite> <quote>What is the endgame of shorting a dying company like GameStop that these hedge funds were doing? What happens to their positions when the stock hits zero? </quote> not too sure about stock hitting "zero" i think they'd be delisted before then at some point they let their shorts expire and move on the semi legitimate complaint is that short selling puts downward pressure on a stock, which could be abused but it's generally going to be legitimate downward pressure. people go into short positions because they're confident the stock will go down - which in GME is a legitimate stance because it's falling apart. the ridiculous amount of shorts out on GME could be either a lot of legitimately negative outlook on the company, or nefarious coordination to push the price down. idk. if it's the latter that's obviously not ok, but is also not really relevant to whether pumping the price is ok either. *and other hedging reasons</quote> ... Copied to Clipboard!
NinjaWarrior455 01/27/21 8:17:44 PM #20:	metallica846 posted... What is the endgame of shorting a dying company like GameStop that these hedge funds were doing? What happens to their positions when the stock hits zero? They cause GME to go bankrupt and rake in a bunch of money in the process. But the thing with short selling is if the value of the stock goes up since when the share was sold, they now have to buy it back at the new higher price. So the potential loses for short selling are massive if it's played wrong (like what is happening right now) --- Super Bowl 52 Champions!!!! http://myanimelist.net/animelist/NinjaWarrior457 <cite>NinjaWarrior455 posted [p:949995755] in crowd sour... [t:79263719]...</cite> <quote>metallica846 posted... </cite> <quote>What is the endgame of shorting a dying company like GameStop that these hedge funds were doing? What happens to their positions when the stock hits zero?</quote>They cause GME to go bankrupt and rake in a bunch of money in the process. But the thing with short selling is if the value of the stock goes up since when the share was sold, they now have to buy it back at the new higher price. So the potential loses for short selling are massive if it's played wrong (like what is happening right now) </quote> ... Copied to Clipboard!
g980 01/27/21 8:18:55 PM #21:	NinjaWarrior455 posted... They cause GME to go bankrupt and rake in a bunch of money in the process How did they cause GME to go bankrupt? @NinjaWarrior455 --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949995800] in crowd sour... [t:79263719]...</cite> <quote>NinjaWarrior455 posted...</cite> <quote>They cause GME to go bankrupt and rake in a bunch of money in the process</quote> How did they cause GME to go bankrupt? @NinjaWarrior455</quote> ... Copied to Clipboard!
DarkProto05 01/27/21 8:19:15 PM #22:	I see your point TC, but institutions who have been manipulating for over 100 years have no right to complain about 1 week of crowd sourced manipulation. --- Alpha Sapphire FC: 2552 5569 3267 <cite>DarkProto05 posted [p:949995808] in crowd sour... [t:79263719]...</cite> <quote>I see your point TC, but institutions who have been manipulating for over 100 years have no right to complain about 1 week of crowd sourced manipulation. </quote> ... Copied to Clipboard!
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g980 01/27/21 8:21:51 PM #24:	DarkProto05 posted... I see your point TC, but institutions who have been manipulating for over 100 years have no right to complain about week of crowd sourced manipulation. Eh agree to disagree, i think an act is unethical regardless of how much you dislike the victim but thats more a matter of opinion i guess --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949995905] in crowd sour... [t:79263719]...</cite> <quote>DarkProto05 posted...</cite> <quote>I see your point TC, but institutions who have been manipulating for over 100 years have no right to complain about week of crowd sourced manipulation. </quote> Eh agree to disagree, i think an act is unethical regardless of how much you dislike the victim but thats more a matter of opinion i guess</quote> ... Copied to Clipboard!
g980 01/27/21 8:25:02 PM #25:	metallica846 posted... I know Elon was mad at short sellers on Tesla and happy to see them fail when it shot up. I know its all gambling, but nobody expects Tesla to fail. Im just having a really hard time caring about the bottom line of these hedge funds. A really really really hard time. Im rooting for the little guy. I feel that the hedge funds were arrogant as fuck and got caught. Maybe Im just a troll happy to see the little guy win. yea i mean no one can make you sympathize with hedge funds if you don't want to. they're not really the evil manipulators of the world the way some people think, but they're definitely not underdogs. but i think an important tenet of justice is applying it equally This is the free market working is it not? true but the market isn't lawless like that. everyone has a lot of rules to play by in the 'free market' --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949996012] in crowd sour... [t:79263719]...</cite> <quote>metallica846 posted...</cite> <quote>I know Elon was mad at short sellers on Tesla and happy to see them fail when it shot up. I know its all gambling, but nobody expects Tesla to fail. Im just having a really hard time caring about the bottom line of these hedge funds. A really really really hard time. Im rooting for the little guy. I feel that the hedge funds were arrogant as fuck and got caught. Maybe Im just a troll happy to see the little guy win. </quote> yea i mean no one can make you sympathize with hedge funds if you don't want to. they're not really the evil manipulators of the world the way some people think, but they're definitely not underdogs. but i think an important tenet of justice is applying it equally <quote>This is the free market working is it not?</quote> true but the market isn't lawless like that. everyone has a lot of rules to play by in the 'free market'</quote> ... Copied to Clipboard!
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g980 01/27/21 8:33:50 PM #27:	metallica846 posted... I guess Im having trouble seeing this as manipulation. Its very tactical to have the information of a shorted stock and if you buy and hold it, the institution will be forced to buy as well. What type of legislation would you propose to prevent people from talking about a hot stock? i truly have no idea what a regulatory response to this could look like. i'm not convinced there is anything to be done. --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949996327] in crowd sour... [t:79263719]...</cite> <quote>metallica846 posted...</cite> <quote> I guess Im having trouble seeing this as manipulation. Its very tactical to have the information of a shorted stock and if you buy and hold it, the institution will be forced to buy as well. What type of legislation would you propose to prevent people from talking about a hot stock? </quote> i truly have no idea what a regulatory response to this could look like. i'm not convinced there is anything to be done.</quote> ... Copied to Clipboard!
voldothegr8 01/27/21 8:38:35 PM #28:	g980 posted... i truly have no idea what a regulatory response to this could look like. i'm not convinced there is anything to be done. I'm not sure what can be done either unless both sides lose out on the gamble. I say let it ride, it's a now a check and balance system. Billionaires go ham on the shorts of dying companies, WSB goes ham pumping that stock up. --- Oda break tracker 2021- 1 (2) \| THE Ohio State: 7-1 \| Las Vegas Raiders: 8-8 <cite>voldothegr8 posted [p:949996498] in crowd sour... [t:79263719]...</cite> <quote>g980 posted...</cite> <quote> i truly have no idea what a regulatory response to this could look like. i'm not convinced there is anything to be done.</quote> I'm not sure what can be done either unless both sides lose out on the gamble. I say let it ride, it's a now a check and balance system. Billionaires go ham on the shorts of dying companies, WSB goes ham pumping that stock up.</quote> ... Copied to Clipboard!
EmbraceOfDeath 01/27/21 8:38:46 PM #29:	Hedge funds played the game. They got outsmarted by a better strategy. The end. --- PSN/GT: BigDaffej <cite>EmbraceOfDeath posted [p:949996503] in crowd sour... [t:79263719]...</cite> <quote>Hedge funds played the game. They got outsmarted by a better strategy. The end. </quote> ... Copied to Clipboard!
ToPoPO 01/27/21 8:40:41 PM #30:	This will teach them to never do this again it's the free market at work survival of the fittest natural selection "bigger group" of hedge fund fucks thought they could prey on the little man turns out the little man is actually many men and it was a trap <cite>ToPoPO posted [p:949996574] in crowd sour... [t:79263719]...</cite> <quote>This will teach them to never do this again it's the free market at work survival of the fittest natural selection "bigger group" of hedge fund fucks thought they could prey on the little man turns out the little man is actually many men and it was a trap </quote> ... Copied to Clipboard!
Blue_Inigo 01/27/21 8:40:47 PM #31:	Orchestrion posted... Shut the fuck up --- "This is your last dance." <cite>Blue_Inigo posted [p:949996577] in crowd sour... [t:79263719]...</cite> <quote>Orchestrion posted... </cite> <quote>Shut the fuck up</quote> </quote> ... Copied to Clipboard!
Tenlaar 01/27/21 9:01:19 PM #32:	g980 posted... nah short selling is a perfectly legitimate just means they sell a stock that they don't own https://i.imgur.com/kNjst05.gif <cite>Tenlaar posted [p:949997268] in crowd sour... [t:79263719]...</cite> <quote>g980 posted... </cite> <quote>nah short selling is a perfectly legitimate just means they sell a stock that they don't own</quote> https://i.imgur.com/kNjst05.gif </quote> ... Copied to Clipboard!
AtelierRyza2462 01/27/21 9:02:09 PM #33:	Orchestrion posted... Shut the fuck up <cite>AtelierRyza2462 posted [p:949997289] in crowd sour... [t:79263719]...</cite> <quote>Orchestrion posted... </cite> <quote>Shut the fuck up</quote> </quote> ... Copied to Clipboard!
Garioshi 01/27/21 9:03:42 PM #34:	don't short stocks, don't lose your entire company simple --- "I play with myself" - Darklit_Minuet, 2018 <cite>Garioshi posted [p:949997348] in crowd sour... [t:79263719]...</cite> <quote>don't short stocks, don't lose your entire company simple </quote> ... Copied to Clipboard!
g980 01/27/21 9:03:42 PM #35:	Tenlaar posted... https://i.imgur.com/kNjst05.gif i'm not sure what you're trying to say here --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949997349] in crowd sour... [t:79263719]...</cite> <quote>Tenlaar posted...</cite> <quote> https://i.imgur.com/kNjst05.gif </quote> i'm not sure what you're trying to say here</quote> ... Copied to Clipboard!
ThyCorndog 01/27/21 9:04:31 PM #36:	I couldn't care less if these hedge dweebs lost every penny --- https://imgur.com/6cPXvLN https://imgur.com/hVC4i6j <cite>ThyCorndog posted [p:949997379] in crowd sour... [t:79263719]...</cite> <quote>I couldn't care less if these hedge dweebs lost every penny </quote> ... Copied to Clipboard!
Harpie 01/27/21 9:06:58 PM #37:	False. The big difference is that big corporations have an incredible amount of political power, and the folks on WSB have none. I mean, the CEO of NASDAQ just suggested to halt all trading to allow investors to recalibrate their positions They are entitled and think the 1% deserve more power than everyone else. Theyre wrong --- no <cite>Harpie posted [p:949997465] in crowd sour... [t:79263719]...</cite> <quote>False. The big difference is that big corporations have an incredible amount of political power, and the folks on WSB have none. I mean, the CEO of NASDAQ just suggested to halt all trading to allow investors to recalibrate their positions They are entitled and think the 1% deserve more power than everyone else. Theyre wrong </quote> ... Copied to Clipboard!
Delta_F14 01/27/21 9:11:14 PM #38:	These are the same scumbags that caused the 08 financial crisis, got bailed out, then blamed it on "dumb poor people". I want them to lose everything. --- http://conniptions.me/ <cite>Delta_F14 posted [p:949997604] in crowd sour... [t:79263719]...</cite> <quote>These are the same scumbags that caused the 08 financial crisis, got bailed out, then blamed it on "dumb poor people". I want them to lose everything. </quote> ... Copied to Clipboard!
Tenlaar 01/27/21 9:13:22 PM #39:	g980 posted... i'm not sure what you're trying to say here That Samuel L. Jackson looks at people who say that selling stocks you don't own is perfectly legitimate like he wants to slap them in their dumb mouths, obviously. <cite>Tenlaar posted [p:949997665] in crowd sour... [t:79263719]...</cite> <quote>g980 posted... </cite> <quote>i'm not sure what you're trying to say here</quote>That Samuel L. Jackson looks at people who say that selling stocks you don't own is perfectly legitimate like he wants to slap them in their dumb mouths, obviously. </quote> ... Copied to Clipboard!
DoomtheGrav 01/27/21 9:14:06 PM #40:	We like the stock --- set the controls for the heart of the sun <cite>DoomtheGrav posted [p:949997687] in crowd sour... [t:79263719]...</cite> <quote>We like the stock</quote> ... Copied to Clipboard!
g980 01/27/21 9:18:04 PM #41:	Tenlaar posted... That Samuel L. Jackson looks at people who say that selling stocks you don't own is perfectly legitimate like he wants to slap them in their dumb mouths, obviously. it's literally legitimate. it is a legitimate legal contract used by retail investors all the time as well. --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949997803] in crowd sour... [t:79263719]...</cite> <quote>Tenlaar posted...</cite> <quote> That Samuel L. Jackson looks at people who say that selling stocks you don't own is perfectly legitimate like he wants to slap them in their dumb mouths, obviously. </quote> it's literally legitimate. it is a legitimate legal contract used by retail investors all the time as well.</quote> ... Copied to Clipboard!
g980 01/27/21 9:18:32 PM #42:	g980 posted... How did they cause GME to go bankrupt? @NinjaWarrior455 @NinjaWarrior455 how did they make gamestop go bankrupt --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949997829] in crowd sour... [t:79263719]...</cite> <quote>g980 posted...</cite> <quote> How did they cause GME to go bankrupt? @NinjaWarrior455</quote> @NinjaWarrior455 how did they make gamestop go bankrupt</quote> ... Copied to Clipboard!
DoomtheGrav 01/27/21 9:25:06 PM #43:	g980 posted... @NinjaWarrior455 how did they make gamestop go bankrupt GameStop isnt bankrupt and has massive cash reserves? --- set the controls for the heart of the sun <cite>DoomtheGrav posted [p:949998043] in crowd sour... [t:79263719]...</cite> <quote>g980 posted...</cite> <quote> @NinjaWarrior455 how did they make gamestop go bankrupt</quote> GameStop isnt bankrupt and has massive cash reserves?</quote> ... Copied to Clipboard!
g980 01/27/21 9:25:48 PM #44:	DoomtheGrav posted... GameStop isnt bankrupt and has massive cash reserves? no gamestop is in a terrible spot but Melvin Capital didn't invent Steam --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949998073] in crowd sour... [t:79263719]...</cite> <quote>DoomtheGrav posted...</cite> <quote> GameStop isnt bankrupt and has massive cash reserves?</quote> no gamestop is in a terrible spot but Melvin Capital didn't invent Steam</quote> ... Copied to Clipboard!
DarkChozoGhost 01/27/21 9:26:02 PM #45:	Cheating billionaires out of money through their own game is not unethical. It's commendable --- My sister's dog bit a hole in my Super Mario Land cartridge. It still works though - Skye Reynolds 3DS FC: 3239-5612-0115 <cite>DarkChozoGhost posted [p:949998082] in crowd sour... [t:79263719]...</cite> <quote>Cheating billionaires out of money through their own game is not unethical. It's commendable </quote> ... Copied to Clipboard!
Tenlaar 01/27/21 9:27:11 PM #46:	g980 posted... it's literally legitimate. it is a legitimate legal contract used by retail investors all the time as well. It is legitimate in the sense that very wealthy companies are allowed to get away with it, sure, but by that standard so is poisoning children and shit. <cite>Tenlaar posted [p:949998119] in crowd sour... [t:79263719]...</cite> <quote>g980 posted... </cite> <quote>it's literally legitimate. it is a legitimate legal contract used by retail investors all the time as well.</quote>It is legitimate in the sense that very wealthy companies are allowed to get away with it, sure, but by that standard so is poisoning children and shit. </quote> ... Copied to Clipboard!
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g980 01/27/21 9:28:17 PM #48:	Tenlaar posted... It is legitimate in the sense that very wealthy companies are allowed to get away with it, sure, but by that standard so is poisoning children and shit. you can short stocks too if you want. anyone can. it's a consensual contract between consenting adults. you can think of it as a loan except you borrow stock instead of cash. --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949998156] in crowd sour... [t:79263719]...</cite> <quote>Tenlaar posted...</cite> <quote> It is legitimate in the sense that very wealthy companies are allowed to get away with it, sure, but by that standard so is poisoning children and shit. </quote> you can short stocks too if you want. anyone can. it's a consensual contract between consenting adults. you can think of it as a loan except you borrow stock instead of cash.</quote> ... Copied to Clipboard!
g980 01/27/21 9:28:50 PM #49:	metallica846 posted... Ive read that when the hedge funds start shorting your stock in unison, it forces a sort of free fall of the stock because then people believe that since they dont believe in your company, nobody should. Is that a fair assessment? yea sorta same idea as when everyone starts buying a stock because they believe in it and it picks up momentum, right? --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:949998172] in crowd sour... [t:79263719]...</cite> <quote>metallica846 posted...</cite> <quote>Ive read that when the hedge funds start shorting your stock in unison, it forces a sort of free fall of the stock because then people believe that since they dont believe in your company, nobody should. Is that a fair assessment? </quote> yea sorta same idea as when everyone starts buying a stock because they believe in it and it picks up momentum, right?</quote> ... Copied to Clipboard!
Tenlaar 01/27/21 9:31:38 PM #50:	metallica846 posted... Ive read that when the hedge funds start shorting your stock in unison, it forces a sort of free fall of the stock because then people believe that since they dont believe in your company, nobody should. Is that a fair assessment? Yes, when a handful of people control the investments of hundreds of thousands of people they easily become an actual force capable of market manipulation and they use it to their advantage to further their game of inserting themselves as middle men and making money for contributing nothing to anybody. <cite>Tenlaar posted [p:949998266] in crowd sour... [t:79263719]...</cite> <quote>metallica846 posted... </cite> <quote>Ive read that when the hedge funds start shorting your stock in unison, it forces a sort of free fall of the stock because then people believe that since they dont believe in your company, nobody should. Is that a fair assessment?</quote>Yes, when a handful of people control the investments of hundreds of thousands of people they easily become an actual force capable of market manipulation and they use it to their advantage to further their game of inserting themselves as middle men and making money for contributing nothing to anybody. </quote> ... Copied to Clipboard!
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Current Events > crowd sourced market manipulation is as unethical as institutional market manipu (+) Yeah! (+)

Current Events > crowd sourced market manipulation is as unethical as institutional market manipu