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Hedge funds and other investors have rules in place to limit what they can invest in which would probably rule out a purchase of Reddit. Secondly, the Reddit c
by Blackstone4 6y ago
Hedge funds and other investors have rules in place to limit what they can invest in which would probably rule out a purchase of Reddit.
Secondly, the Reddit crowd would move else where.
Thirdly, working in investments myself, hedge fund types dont even think like this. It is hard to explain how far off the mark you are...I know financial services can look like a black box....but what is happening is much more boring than you might think. All the drama is happening on Reddit...the SEC is worried about retail investors creating a bubble and losing money....hedge funds and traders just want to make money.....they may take a loss here and move on quickly to the next thing. Doing crazy sheeeeet like you suggested would have them potentially lose all of their investors money or be blacklisted....