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
To explain why you did so well, so the chumps who didn’t bother have to go and sit in court sometimes, which probably gets them loser points at the next child raping party.
Fuck, this is dark. I’m gonna go hug someone.