Personal Finance and Investing

jorgevlorgan

(11,098 posts)

6. Traders coordinate with each other every day.

Fri Jan 29, 2021, 06:32 PM

Jan 2021

They are usually hedge fund managers, insurance companies and executives who coordinate to sell off a stock and drive the price down. But suddenly it is only an issue if average people are doing the same thing?

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Robinghood is playing more games today [View all] RainCaster Jan 2021 OP

You have it backwards. Reddit users are manipulating the market. Hedge funds are reacting Bernardo de La Paz Jan 2021 #1

So hedge fund managers are allowed to short sale stocks and manipulate the price, and screw jorgevlorgan Jan 2021 #2

It's far from that simple. Selling stock, even short selling, does not "manipulate price" Bernardo de La Paz Jan 2021 #5

Traders coordinate with each other every day. jorgevlorgan Jan 2021 #6

Please point to credible evidence that this is as commonplace as you say. . . . nt Bernardo de La Paz Jan 2021 #8

It is common place enough that the SEC has had tons of cases where jorgevlorgan Jan 2021 #9

Insider trading in an illegal way is much rarer than you portray. And you keep making sweeping state Bernardo de La Paz Jan 2021 #10

Why do you need evidence that companies act in their self interest to legally manipulate currency? jorgevlorgan Jan 2021 #11

Why did we need evidence of "widespread election fraud"? We asked & none given. Nothing here either. Bernardo de La Paz Jan 2021 #12

You are justifying immorality and greed. jorgevlorgan Jan 2021 #13

Nope. Not justifying immorality. When you are greed free, announce it here on DU. . . nt Bernardo de La Paz Jan 2021 #16

Sure. That being said neither group here is worse than the other. jorgevlorgan Jan 2021 #19

Stocks at artificially high positions SHOULD be shorted. Ultimately makes the adjustment easier. Bernardo de La Paz Jan 2021 #20

You just described how these hedge fund managers manipulate the prices jorgevlorgan Jan 2021 #21

Nope. That is not "manipulation", same as buying it up to high prices is not manipulation Bernardo de La Paz Jan 2021 #24

Except most people are keeping the stock which is why the price jorgevlorgan Jan 2021 #26

That's the problem. Most people who bought into the mania are holding and will be hurt Bernardo de La Paz Jan 2021 #28

We will have to see if that happens before drawing conclusions jorgevlorgan Jan 2021 #29

I also want to add that the redditors driving the prices up are not -as far as I know, planning any jorgevlorgan Jan 2021 #30

Can you please explain how you think a stock is sold short? A HERETIC I AM Jan 2021 #33

Penny stocks are defined as anything under 5 dollars. jorgevlorgan Jan 2021 #34

I am not trying to be condescending, I am trying to understand you A HERETIC I AM Jan 2021 #35

You are correct, by the way.... A HERETIC I AM Jan 2021 #36

Stocks not enough. Now you make sweeping allegations about currency manipulation. Bernardo de La Paz Jan 2021 #14

Now you are just stretching. jorgevlorgan Jan 2021 #15

I'm not stretching. Been pointing out YOUR stretches. Been asking for evidence, unsuccessfully. . nt Bernardo de La Paz Jan 2021 #17

Failing miserably jorgevlorgan Jan 2021 #18

Can't prove it, but I believe Trump manipulated markets with KPN Jan 2021 #32

Yes, could be. A couple suspicious aspects to his moves Bernardo de La Paz Jan 2021 #37

Our retirement accounts were essentially flat performance-wise KPN Jan 2021 #38

Yeah. Someone is going to take the fall from all of this for sure, and it probably won't be the KPN Jan 2021 #3

Options trading adds liquidity to a market. Wheat and hog farmers use them to reduce their risks, Bernardo de La Paz Jan 2021 #4

Options trading has always been considered a high risk investiment jorgevlorgan Jan 2021 #7

If you think it is ALWAYS high risk, you don't understand it. Further it is often in combination Bernardo de La Paz Jan 2021 #22

General common sense suggests that all options trading, shorting, etc needs jorgevlorgan Jan 2021 #23

If caution is required that does not make it evil. . . . nt Bernardo de La Paz Jan 2021 #25

Right. It makes it risky. jorgevlorgan Jan 2021 #27

Options are to easy to be and get abused all the time ... KPN Jan 2021 #31