biggest one-day gain since 2008

  • ALoafOfBread@lemmy.ml
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    4 days ago

    Not insider trading, no. It is market manipulation though and should probably be punishable by the largest SEC fine in history ^but ^it ^won’t

  • Rooty@lemmy.world
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    4 days ago

    Americans getting a first row experience of living in a Balkan kleptocracy during the 90s.

        • WhatAmLemmy@lemmy.world
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          4 days ago

          My empathy would agree with you, but — while I’m well aware that racism and fascism are a product of ignorance, stupidity, poor education, and propaganda, all class warfare waged by Americas plutocrats — I also logically can’t see any way out of this, any way to deprogram the nazis, without the average American feeling pain; the same kind of pain America has inflicted on dozens of countries, and hundreds of millions of people, over the last century… So much instability, suffering, and political violence that they ultimately reject neoliberalism and conservatism, and revolt against the plutocrats that created this mess.

          You can’t realistically “deprogram” tens of millions of MAGA. WW2 resulted in an ideological “cleansing” — a de-nazification — of the European population. So yeah… America will continue to devolve and regress until some sort of reset occurs, for better or for worse.

          • OneWomanCreamTeam@sh.itjust.works
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            4 days ago

            Yeah, there is no easy way out of this. And so long as it continues millions upon millions of people both inside and outside of the US will suffer. But that doesn’t mean we deserve this just for being born here.

            Minorities in America shouldn’t have to fear being put in a concentration camp. Workers in America shouldn’t have to have their rights stripped from them,. Kids shouldn’t be put in a situation where they have to work in a meat processing plant, they shouldn’t have their chance at an education taken away from them. Trans americans shouldn’t have to face being pushed entirely out of public life.

            All of this is fucking wrong, saying that we deserve it implies that we shouldn’t fight it. And we absolutely fucking should fight it; if we don’t it won’t just be us Americans who suffer.

        • LeninOnAPrayer@lemm.ee
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          4 days ago

          We “deserve” it in the same way that we “deserved” the 9/11 attacks. I’m not saying the people that will be hurt from this literally deserve it. I’m being hyperbolic to make a point about Blowback and the consequences of American Imperialism.

          American Empire deserves to crumble and fall is essentially what I mean.

        • Saryn@lemmy.world
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          4 days ago

          I think you’re right - to an extent. You may not deserve this. Americans might not deserve this. Any other arbitrarily defined group of people may not deserve it.

          But humanity as a whole? We are a disgusting scourge on this earth, and we probably deserve everything that’s coming to us. The current situation is just a reflection of overaching dynamics of greed, lies and self-righteousness that have always been with us.

          I realize this is basically an absurd notion of collective reaponsibility. At the same time, we have no one to blame for our species’ toxic psychopathic behavior but the species as a whole. If we had any decency left we would just delete ourselves as quietly and staightforwardly as possible.

        • lefaucet@slrpnk.net
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          3 days ago

          Because as his name indicates, he is like Ford Prefect in his desire to survive and not be sentenced for first-degree murder.

          He is also like Zaphod Beeblebrox in how he lacks the self-awareness to think other people shouldn’t share this desire quite as strongly, but rather should put their lives in danger to accomplish what would make him happy.

          He should run for president

          • SoftestSapphic@lemmy.world
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            3 days ago

            Personally i think people like you are 100x more cringe than any “armchair revolutionary”

            Better an armchair revolutionary than an armchair slave

  • Opisek@lemmy.world
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    4 days ago

    Unrelated but I still find it incredibly stupid that he would choose @realXyz instead of just @xyz on the platform that HE controls.

    • hemko@lemmy.dbzer0.com
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      4 days ago

      I think it just made sense to keep the same handle as he had in Twitter. Also I guess he somehow finds it “cool”

  • Doctor_Satan@lemm.ee
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    4 days ago

    It’s not insider trading. It’s market manipulation. Still a crime, but nothing will be done about it regardless.

  • ThaMunsta@sh.itjust.works
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    4 days ago

    He’s basically like HODL as he pauses and unpauses tariffs so billionaires can buy the dip and sell before he tweets. I miss the GME days where the little guy was winning against the big guy.

    • bitjunkie@lemmy.world
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      4 days ago

      AND there’s a shitty version of Keith Gill, and he’s the fucking PRESIDENT? Man, this timeline has everything…

  • Pringles@lemm.ee
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    4 days ago

    I wasn’t aware he had said that, but I independently concluded it actually was a good time to buy and increased my main position. Nothing earth shattering, but I did feel like an absolute genius for like 10 minutes while having my morning coffee today.

    • AllOutOfBubbleGum@lemmy.world
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      4 days ago

      Same. Threw what extra money I had into some reliable stocks. Did the same thing during Covid too, and it worked out pretty well for me. It feels a bit like I’m a crisis vampire, but I just don’t want to be working anymore when I hit 60.

  • bitwolf@sh.itjust.works
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    4 days ago

    Its rebounding right back down though.

    Looks like he wants the lemmings to buy enmasse so the whales can sell without bleeding.