Even worse, hedge funds will short a company into bankruptcy, and never have to buy back the shares. Because the position was never closed they never pay tax on their gains.
Stockholders lose and workers lose their jobs, and hedge fuks buy a bigger yacht.
If they pissed on the Towle man most everyone hear will cheer them on. Talk about rooting for the enemy.....
Wow. And I thought HFT fuckery was grade A assholery.
This (what robinhood did) is next level satanic khazarian money magic. So basically not even a broker, just a relay of sorts.
"Capitalism" (lol).
Even worse, hedge funds will short a company into bankruptcy, and never have to buy back the shares. Because the position was never closed they never pay tax on their gains. Stockholders lose and workers lose their jobs, and hedge fuks buy a bigger yacht.
If they pissed on the Towle man most everyone hear will cheer them on. Talk about rooting for the enemy.....