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[QUOTE="Hurleyman216, post: 3825613, member: 3517"]
I think large hedge funds and others who "short" are kind of dumb. It's more like gambling than investing.  It's the equivalent of going into a casino and finding a drunk guy playing $500 blackjack hands and back betting on him. If you're betting the market will go down, you're essentially betting against the house. That being said hedge funds have made a ton of $$ over the years off of this kind of stuff, but letting a bunch of kids living in their parent's basement manipulate stocks like this is insane. It will come to a stop one way or the other, but I hope something comes of this because there is literally nothing to keep these idiots from running a stock way up and then cashing it out and letting it crash.  Not sure how they'll regulate it, but until these guys lose their shirts off doing this kind of stuff they aren't going to learn their lesson. I'm not saying I'm in favor of hedge funds, but I think this short term stock manipulation is a joke.
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