3 thoughts on “Unfair!

  1. 2gd2Btrue says:

    (Feb 8, 2021) “How the rich got richer: Reddit trading frenzy benefited Wall Street elite : Big hedge funds were alerted to GameStop buzz early because they actively monitor conversations on social media” https://www.pehalnews.in/how-the-rich-got-richer-reddit-trading-frenzy-benefited-wall-street-elite/529412/
    “Instead of heralding a brand new wave of investor populism, the rise and fall of GameStop’s inventory could find yourself reinforcing what skilled traders have recognized for a very long time: Wall Street is superb at making a living, and most of the time, smaller traders lose out to rich merchants and big establishments.”
    (WSJ 2/3/21): “This Hedge Fund Made $700 Million on GameStop https://www.wsj.com/articles/this-hedge-fund-made-700-million-on-gamestop-11612390687
    “The GameStop surge is often cast as a triumph of amateurs over professionals. Which it was, to a degree. But it also was a trade that pitted professionals against other professionals—and few have made more money than Senvest Management LLC, Messrs. Mashaal’s and Gonick’s firm.”

  2. Richie says:

    “Elon Musk’s run as the richest man on earth has ended. Tesla’s months-long stratospheric stock rally seems to be coming to an end. After tumbling 6 percent, the largest single-day drop in six months, on Monday, the electric carmaker’s shares slid another 10 percent Tuesday morning as the sell-off worsened, erasing $30 billion from its founder Musk’s net worth on paper overnight.” https://observer.com/2021/02/tesla-stock-bitoin-tumble-elon-musk-net-worth-fall-billion/

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.