Nicole Pereira, the author, is an idiot.
Thousands of little guys buying small amounts of shares to fuck over a tiny few of heavily invested hedge fund managers isn't bad for the little guy.
Yes. Lots of people stood to lose a few hundred bucks in the end. Not even the fucking point. Those hedge fund managers naked shorted 140% of existing stock. That's the crime that was caught. That's the danger of fraudulent trades. That's the gambling on the stock market. The small buys by thousands exposed this. Who cares if they lost their few hundred bucks?
Nicole Pereira, the author, is an idiot.
Thousands of little guys buying small amounts of shares to fuck over a tiny few of heavily invested hedge fund managers isn't bad for the little guy.
Yes. Lots of people stood to lose a few hundred bucks in the end. Not even the fucking point. Those hedge fund managers naked shorted 140% of existing stock. That's the crime that was caught. That's the danger of fraudulent trades. That's the gambling on the stock market. The small buys by thousands exposed this. Who cares if they lost their few hundred bucks?
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