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SAC Capital is not #1024. They literally have strong control over the markets. Their process, systems, and relationships allow them to, for example, buy all of
by qq66 17y ago
SAC Capital is not #1024. They literally have strong control over the markets. Their process, systems, and relationships allow them to, for example, buy all of the offered stock from multiple investment banks at once, constraining the supply.
It's really a failure of regulation.
- gte910h 17y agoThat is certainly enlightening to the discussion: They're not lucky, they just hold all the cards.