Re:Suck It, Wall Street
by jessaustin on Friday January 29, 2021 @01:58AM
(#25954819)
People who are clutching their pearls about this are only trying to protect rich friends who are hedge fund managers.
Lots of hedge reptiles were on the momentum side rather than the short side. They've ridden it up, and eventually they'll ride it back down. There's no way they'll allow regulation to interfere with this sort of opportunity. Smart money does not outlaw dumb money.
Lots of hedge reptiles were on the momentum side rather than the short side. They've ridden it up, and eventually they'll ride it back down. There's no way they'll allow regulation to interfere with this sort of opportunity. Smart money does not outlaw dumb money.