Quote:
Originally Posted by Maruzo
It's certainly legalized gambling
|
Truer words have never been spoken. It was great fun watching the fellas over on Robinhood stick it to The Man with that Gamestop short squeeze. Lot's of popcorn being eaten while watching Senators & financial talking heads explain how it's OK when institutions collude to move price for monetary gain, but it's somehow bad when retail traders do it. I've been trading currency for over a decade and I've seen banks, brokers and governments pull some of the most wicked stop-grabbing imaginable. Still, more profitable than dumping it into a 401k that only leaves you holding longs, like a cow on the slaughterhouse floor.