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Trading that looks like foreknowledge of the release of fake news would stand out, but purchased based on knowledge that the news was fake would blend in with t
by rz2k 14y ago
Trading that looks like foreknowledge of the release of fake news would stand out, but purchased based on knowledge that the news was fake would blend in with trades by plenty of other people who simply figured it out quickly.
- ttrreeww 14y agoNo it won't, the market is too large. This is not a option opportunity after all. Someone(s), made a LOT of money today. More than you or I will ever make in a lifetime.
- kasey_junk 14y agoSomeone(s) also lost a LOT of money today. Given 2 scenarios: A) A script kiddie had fun with a tweet just for the lolz and it had a short term unintended impact on the Dow. B) There is a nefarious plot by folks who have the no how and infrastructure to pull off a highly risky, illegal trade who couldn't make more money just doing what they normally do.
- ttrreeww 14y agoYeah, the dumb money lost again, as always.