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by mter
2076 days ago
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> At-least on TV, the advisors would disclose whether they hold positions or did they advice their clients for the same stocks since they have a reputation to protect; In public forums won't everyone just advice based on their vested interest? I'm pretty convinced that a number of people are profiting by buying a position, then making a post about why that's the correct position to be in, then after they the post position, they sell it to the people reading their post. If you hold the position at the time of your post, that's considered evidence that you believe in the position and your advise. /wsb/ is good for sheer entertainment and/or straight up gambling and is completely fine for 99% of people. It's also very bad for the occasional "I just lost my rent money what do I do" or that kid who killed himself after using robinhood. |
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