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The same people who feel like Wall Street is fighting against small investors and manipulating the market are the same ones who coordinate on /r/wallstreetbets.
by ziml77 5y ago
The same people who feel like Wall Street is fighting against small investors and manipulating the market are the same ones who coordinate on /r/wallstreetbets. They are specifically coordinating against the big firms.
That was the whole idea behind the GameStop thing. They were purposely trying to ensure that a hedge fund wouldn't be able to buy GameStop shares to cover their massively over-shorted position.
- DarkWiiPlayer 5y agoSo what's the point? If one is guilty, everyone is guilty; and I'm pretty sure most of the redditors were going at it from a perspective of "beat them with their own dirty tricks" precisely because playing by the rules while others don't is what people consider unfair.