Market manipulation?

LOL! It’s only “rational” when the crooked hedge funders run up the stock. If they lose, they get the chance to recoup their loses, while smaller investors don’t get the same protections, or the same chances to win. Now, it appears that they will monitor all chatter of small retail investors on social media, and cut them off at the pass. Rigged worse than a damned carnival game!

 

“Pull yourself up by your bootstraps”, people! LOL!

 

If anyone ever needed proof that the Stock Market isn't a reliable way to measure the health of the Economy at large, I think that proof has just been laid out pretty clearly.

 

And the epic “narrative slant” begins courtesy of CNN Business:

 

Oh, those awful “misfit investors” and “financial radicals”! Probably a bunch of “avocado-toast-eating”, “basement-dwelling, Millennials” causing trouble again. Thank Goodness, that the hedge funds are so SQUEAKY CLEAN and ETHICAL, and would NEVER, EVER participate in such “get rich quick” schemes!

 

https://www.vice.com/en/article/qjp...-funds-like-citadel-its-users-are-the-product

Given that Robinhood is playing a central role in retail investors pumping dark horse stocks, it’s worth examining once again how it makes money: namely, by selling user’s trades to other large firms before they are actually executed. Those firms make money by effectively seeing what the retail investors on Robinhood are going to do before they actually do it, and acting accordingly. Those firms are basically buying information that then informs their own trades.

 

Awww....now they’re proudly self-identifying on Reddit as “degenerates” and exposing decades of financial corruption and grift, and especially the deliberate destruction of the American working class.