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by darkerside 4 days ago
And it was the dumbest and least valuable stock traders that exited the industry. The industry is alive and well today.
2 comments

Phew, for a second there I felt bad for them!
That really depends on how you define alive and well. There are still stocks and there are still traders, but the market valuations are obscene and it sure appears that there must be collusion or corruption driving the industry to jam massive IPOs into every index and 401k they can find as fast as possible to fasciliste and exit.