4 ms·

Why do you think it's a guise to stop buys on a ridiculous valuation? You can still sell.

• wizzwizz4 6y ago
  By that logic, nobody should be allowed to buy and sell Bitcoin, because there's no way a currency with such a low GDP can be worth that much.
• cbozeman 6y ago
  I can't remember the movie. Can't even remember the actor, but... "What. the fuck. are you talking about?!" Tesla's price-to-earnings ratio is 1660. Why didn't TSLA buying get shut down? OH yeah, because a shitload of institutional investors have shares.
  • unityByFreedom 6y ago
    B/c TSLA shenanigans all occurred under a completely corrupted admin whose agencies will need time to rebuild. Can't believe I need to write that. It's no secret a con man was at the helm.
• scruple 6y ago
  I can walk into any gas station in the country and blow as much money as I care to on lottery tickets. I can drive to Las Vegas and walk into a casino and do practically anything I want with my money. This is America and retail investors are (hopefully) all legal age and are participating of their own free will. Hedge funds have treated the stock market like their own personal casino for decades. When the house starts to lose at their own game, due to their own greed, it's suddenly a problem?
  • unityByFreedom 6y ago
    Casino is right but you can't easily get to one. They're highly regulated and not everywhere for a reason, which is they make masses poor and are generally bad for the economy. Great you get tax money but you've destroyed people's lives to do it and people are a country's most valuable asset. Don't know what you're on about the house losing here. Brokers make a killing on any trade action. Heavy retail day trading inevitably falters and ends up creating tons of poor while money flows into the pockets of a few. See: the year 2000.