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re: I need an explanation; Robinhood & GameStock related
Posted on 1/29/21 at 6:18 am to TurkeyBaconLeg
Posted on 1/29/21 at 6:18 am to TurkeyBaconLeg
Exactly. They would sell the stocks in the hedge fund. When it dropped 30% they would buy it back and pocket the money they made. Reddit sent GameStop to the moon after they sold and made the hedge fund replace those stocks (because they were their clients stocks) at ridiculous prices and cost the hedge funds millions.
Now they are trying to say it’s illegal when the hedge funds were doing the shady shite.
Now they are trying to say it’s illegal when the hedge funds were doing the shady shite.
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