a normal person explains what’s happening on the stock market: pic.twitter.com/zKKvULCirX
— Avalon Penrose (@avalonpenrose) January 27, 2021
Thought For the Day
- Donald R. McClarey
Donald R. McClarey
Cradle Catholic. Active in the pro-life movement since 1973. Father of three, one in Heaven, and happily married for 43 years. Small town lawyer and amateur historian. Former president of the board of directors of the local crisis pregnancy center for a decade.
I just wasted 2 minutes and 16 seconds of my life.
I have stock, too, and yeah, think she nailed it.
The outcry amounts to “a stock we decided should fail is going up, and that’s unfair.” So now we see basically every trading application and media outlet openly collude to make it go back down. “Free” market indeed.
It would seem that what these trading companies / apps are doing, preventing people from buying these stocks and ONLY allowing people to sell them (lowering their value), is a clear illegal market manipulation. BTW, if they are not allowing people to buy them, who are they being sold to?
Market “analysts” have been manipulating the perception in the market since forever. Making their rich clients (and themselves) richer. The panic from these career gamblers is pathetic. They haven’t done a hard days work in their life. All power to people.
Down with the oligarchs.
Indeed Dale! I think that is a cry that most Americans would endorse.