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[-] PhlubbaDubba@lemm.ee 31 points 9 months ago

Does form an interesting premise though for a collectivist tool of anticapitalist warfare.

Firms taking short positions are some of the most low down parts of the stock and trade system, so you could cost the parasites millions and billions by organizing mass buys of stock on firms with shorted stock, and the best part is that the folks holding shorted positions can lose infinitely, so basically enough people working together would be able to pull the equivalent of stringing the leaches up by their nutsack and then dragging them around by it on a gravel pathway by horseback

[-] DragonTypeWyvern@literature.cafe 16 points 9 months ago

Only to people that don't realize stockbrokers are the house in the casino that is stock trading.

[-] Speculater@lemmy.world 5 points 9 months ago

They're legally allowed to turn off the buy button if the retail buyers try to do this.

[-] A_Very_Big_Fan@lemmy.world 1 points 9 months ago

Short squeeze ftw

this post was submitted on 23 Feb 2024
733 points (96.0% liked)

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