RIP Philo

A concrete example of Wall Street cheating.

So I hold this semiconductor stock AVGO (Broadcom). All day long it went down while everyone in semiconductor went up. After hour, AVGO announced 12B dollars on shares buy-back! After market hour the stock went up 10 bucks! This shit goes on all the time on (((Wall Street))).
Permalink DrNo 
April 12th, 2018 4:09pm
If I have 50 billion dollars, I can force a stock to drop or rise and pocket the profits!!!
Permalink DrNo 
April 12th, 2018 4:12pm
They're massively shorting Tesla at the moment too.
Permalink Algernon Montgomery 
April 12th, 2018 4:25pm
What’s the cheating part?
Permalink Crggie 
April 12th, 2018 6:03pm
Someone got the news leaking out before the rest of us. They drove the price down during the day to accumulate. News of stock buy-back released after market closed. It jumped 10 bucks per share after hour. Tomorrow it will jump another 10 bucks. It is too late for people who want to get in cheap.
Permalink DrNo 
April 12th, 2018 6:12pm
They sold the stock drive it down
Ending up short
Then it went up
And they lost money

Permalink p 
April 12th, 2018 8:35pm
Maybe they 'talk' the price down?

Losing money is for 'other' people.
Permalink Anabela Huang 
April 13th, 2018 8:24am

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