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OT: Stock trading
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[QUOTE="Hurleyman216, post: 3825629, member: 3517"] I never said anywhere the I felt bad for hedge funds. They know the game they're playing and actually most of them lose money shorting stocks. There are some that do well over short periods of time, like Bill Ackman, but those guys play dirty as well. They'll buy puts and bet huge against a company and then try to expose as much dirt as they possibly can to drive the stock price down. Some of the companies deserve it, but others don't. What happened to just buying companies with good fundamentals that had strong balance sheets and were well managed? Now it's turned into a video game of sorts where people can go on a message board and in real-time get 2 million people to go buy a stock to drive the price up....just doesn't seem right. I'm all for making $$ in the stock market, but these guys are just playing games. I apologize to any of you guys who made a killing off of GME...great job if you did, I just think the whole thing is out of control. [/QUOTE]
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OT: Stock trading
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