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by camjohnson26 2791 days ago
I'm sorry but this kind of thinking is so dangerous. Pumping hurts anyone who buys it after the pump, including grandma's pension fund, because now they're buying it at an artificial value.

Traders have a right to accurate information from the officers of the company, which is the whole reason we have regulations in the first place.

1 comments

Pension funds don't buy the most shorted equity on the market, typically. He's right that the people most affected were in effect gamblers. They gambled on the 5k number happening or not and got creamed in aftermath.