Personal Finance and Investing
In reply to the discussion: Robinghood is playing more games today [View all]jorgevlorgan
(10,887 posts)But in the end somebody can always get hurt, and average investors get hit far worse fromhe actions of hedge fund managers as they might through this kind of activity. The thing is though, penny stocks like this was, are highly volatile -that isn't a secret. People generally know what they are getting into whether they are reddit traders or hedge fund traders. Most exchanges even make some kind of disclaimer of the risk of purchasing and trading certain stocks.
I'm not saying the hedge fund managers are evil, but I am.saying the folks who seemed to do well through their collective power aren't, either. And right now, the focus seems to want to demonize the redditors who seemed to (so far) do well for themselves and others through this action.