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What makes you think hedge funds are different? It's just a lot of people making bets against each other and manipulating the market.
by Rumudiez 6y ago
What makes you think hedge funds are different? It's just a lot of people making bets against each other and manipulating the market.
- fjabre 6y agoIt's not different. That's my point. The mob did the same thing the hedge funds did and do. This is clearly market manipulation. To say that one side is justified vs the other is what I'm pointing out. Neither side was justified. And Reddit mobs are not 'the people.' The people are starving on the streets and unemployed. Too far gone to make bets on their iPhone 11s using something like Robin Hood. This is Goliath vs a somewhat more organized and entrenched Goliath. This is not David vs Goliath.
- noxer 6y agoBetting against each-other is not manipulation is what the market need to not run form bubble to bubble. Manipulation is when you bet and then do other actions that makes sure you win the bet.