posted in Technology
SpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5B
townflex.com/spacex-stock-slips-below-ipo-price-as-short-sellers-profit-15-5b/
TownFlexSpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5BSpaceX stock falls below its $135 IPO price to $115.26, giving short sellers $15.5 billion in paper profits as traders double down on bearish market bets.Replying to @stermy4u@lemmy.world
This doesn’t hit these sociopaths, the whole stock market system is rigged so they make paper profits no matter what happens, at the expense of others who aren’t in the Epstein class. A pump and dump like this is just a little faster.
Replying to @db2@lemmy.world
In the same vein, this is partly why I’ve never understood the mindset of individual investors. Like, it’s extremely arrogant to seriously believe that you have an edge over highly resourced institutions and billionaire investors who can afford the best analysts and mathematical models on top of their market influence. I can assure you that whatever strategy you have, theirs is better, and they don’t have to play by the same rules. What can you hope to bring to the table when you’re swimming with these sharks?
Replying to @henfredemars@infosec.pub
who can afford the best analysts and mathematical models on top of their market influence.
Why bother with that when you can just do a little inside trading during the next child raping party?
Replying to @Jhex@lemmy.world
That’s exactly what I’m saying. Any edge that I have as an individual isn’t relevant against these people. They have far superior information. I don’t have a chance.
Replying to @henfredemars@infosec.pub
yeap, you are 100% correct
Plus, it’s not anecdotal AND goes beyond your statement.
Through the years and statistical analysis, it has been proven that picking stock, even by professionals is still mostly luck. I think analysts have ran out of ridiculous examples of animals picking stock randomly and still coming on top in a long enough time period.
So if even the “professionals” are not really doing much, why would any individual nurture the thought that THEY could do better?
unwall.app/…/any-monkey-can-beat-the-market/
UnWallUnWall | Read Full Articles Without PaywallsRead full news articles with paywalls, consent popups, and ads removed. Paste a URL and open a clean reader instantly.Replying to @Jhex@lemmy.world
So if even the “professionals” are not really doing much, why would any individual nurture the thought that THEY could do better?
Because they think the luck factor gives them a chance. they are gambling addicts.