Quote (ofthevoid @ Jan 24 2022 02:06pm)
Wall street so rigged haha
>Pump negative headlines
>Algos turned to sell
>Everyone runs for the exits, many names dump 5-10% in a few hours
>Newb investors capitulate and sell out
>Be 2 o'clock
>Market pumps to basically flat
>Wall Street: "Thanks for 10% discount on shares newbs"
what do you think the big funds do with headlines like "oil crashing to $35/bbl" then several months later put out "$100 oil coming!!1!"