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I wouldn't be surprised that there are a lot of paid shills pushing this stuff on reddit, twitter, et al, and some hedge funds just made billions.
I was kicking this idea around too. How do you profit from the divided state of the country and ongoing class warfare? Convince retail investors to participate in your pump and dump scheme by telling them they're actually sticking it to the man. I'm not sure anyone is that smart, but talk about an incredible idea if that's indeed what happened.
The cast of characters in this drama is on point.
To invest in hedge funds you have to be accredited/qualified - can they really argue they didn't know the risks?The cast of characters in this drama is on point.
Yes, but its bespoke made in green suede gatorskin.Do billionaires have bootstraps?
I still say BS this is retail traders. When the dust settles, I'm sure the data will come out and we'll ultimately know. This whole "buy until it reaches $1000" is moronic thinking. To get to $1000 people have to buy it, so at $1000 it would come tumbling down and those retailer buyers at $950 are going to lose their shirt.
In line with the MAGA analogy, I think this is classic media reaction to this **** and giving credence to non-verified facts. They propped Trump up by giving him tons of air time. I wouldn't be surprised that there are a lot of paid shills pushing this stuff on reddit, twitter, et al, and some hedge funds just made billions.
Damn that's ******* stupid. Shorting a company losing money in a dying industry isn't reckless.
Also, I will continue to say prove that retail investors are buying millions of shares.