Then the anons on reddit got wind of their evil manipulations, came up with a way to screw the greedy manipulators by using the Short sell strategy against them. This could only be done in great numbers and only if they could all work in cahoots, which the internet now allows. If this strategy works, they will have out-manipulated the manipulators and can do this to WallStreet over and over, throwing off the control collars of the 1%. That is returning power to the people. Is that correct, Stockanons?
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It is called selling-short.
You can buy stock if you think it is going to go up. Buy low sell high.
But if you think a stock is going to go down, you can short sell it.
That means you sell stock that you don't own, but with a commitment to buy it back. So you sell shares when the stock price is at 100. Then when the stock goes down to 50, you buy them back, and you get to keep the difference.
The catch is, that if the stock price goes up, then you have to buy the shares back at a more expensive price.
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