• mipadaitu@lemmy.worldBanned from community
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    2 years ago

    Someone has to buy the stock that he sells. It doesn’t magically turn into money cause it has a listed value that day.

    Sure, there can be some money laundering and foreign “investments” but the SEC really doesn’t like stock manipulation.

    • givesomefucks@lemmy.world
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      2 years ago

      It’ll definitely cause the price to drop and will probably destroy the company’s selling so much at once.

      But it happens all the time.

      And trump supporters are 100% dumb enough to “buy the dip”.