[lilott8]

So is what they're doing some sick joke? I doubt people couldn't care less about the damage done by functionally worthless companies. People are pissed at the perception of manipulation by wall street. This is hilariously myopic. People aren't upset about losing money. They're upset that the game _looks_ (and ostensibly is) rigged. That is where all the lack of confidence stems.

[oarsinsync]

> People aren't upset about losing money.

I’m sure this is true for a minority of participants in the stock market, and I’m sure this is true for a minority of retail investors.

I don’t believe for a second that this is true for a majority of retail money in the market. Most people care very much about losing money.

Just because there’s a bunch of noisy people making news about YOLOing their savings away, doesn’t mean they’re the majority. They’re just noisy and newsworthy.

[devin]

Nailed it. The people upset by minor regulatory intervention to ensure fair markets are as ruthless as anyone in this equation, but they play the victim. If you knowingly manipulate the price of garbage stock for personal gain, you're not a victim, you're an asshole.

[simonh]

But, but, but they're restricting their freedom to be assholes and their personal liberties to do asshole things to people!