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Disappointed they didn’t do something like use it to manipulate the stock market. Then it would have got much more coverage and something might actually get fix
by 0x00000000 7y ago
Disappointed they didn’t do something like use it to manipulate the stock market. Then it would have got much more coverage and something might actually get fixed as a result.
- oh_sigh 7y ago"I'm pleased to announce that Twitter is becoming a part of the Alphabet family for $X", where $X is a bit more or less than the current value.
- Cthulhu_ 7y ago"Am considering taking Twitter private at $420. Funding secured." Just a single tweet from Musk, caused a big wave in the value of Tesla + a serious bollocking from the SEC.
- kilroy123 7y agoI couldn't agree more. Sadly, only this kind of thing will prompt the government to crack down on the telecommunication companies. Who are more than negligent here.
- vageli 7y agoIt likely would have made tracking the perpetrators easier if there was a paper trail in the markets.
- djrogers 7y agoThere's enough volatility and turnonver in Twitter's stock that anyone who made a few single comma trades wouldn't ever be directly identified. Buy some options several days in advance, drop the tweet, then sell right when volume shoots through the roof.
- vageli 7y agoThere are automated systems employed by exchanges that analyze trades and are undeterred by volume. If someone burned this on a couple single comma trades, goodness.