Re:No, you couldn't have made more money than the Twitter ha...
by AndrewBissell on Thursday July 16, 2020 @01:13PM
(#23861134)
> They're going to heavily investigate everyone that made a half million on a super high volume, widely shorted stock in a time of extreme volatility?
These arguments all seem to be operating on the assumption that there would be a large number of day/swing traders who would exit their positions with perfect timing, but this is unlikely because they wouldn't have the knowledge that the price move was ephemeral and driven by a false rumor. The number of people who made a half million off it would be a lot smaller than you think.
These arguments all seem to be operating on the assumption that there would be a large number of day/swing traders who would exit their positions with perfect timing, but this is unlikely because they wouldn't have the knowledge that the price move was ephemeral and driven by a false rumor. The number of people who made a half million off it would be a lot smaller than you think.