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by blastro 689 days ago
The idea that retail buying/selling pressure has any effect on market price is a very old fashioned idea.
1 comments

"actors in the market who are buying and selling stocks" does not necessarily mean retail, no?
> share the same general morals of the rest of the population

funds don't share those morals

People who have the stake or dry powder to move the share price of a bank (or megacap tech company while we’re at it) are in no way interested in socially useful pricing around dickhead behavior.
Well, except to make sure it doesn’t apply to them, hah.