this post was submitted on 17 Nov 2025
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[–] empireOfLove2@lemmy.dbzer0.com 230 points 2 days ago (3 children)

That means the peak is here. The insider of all insiders sold? Dump everything!

[–] Mk23simp@lemmy.blahaj.zone 97 points 2 days ago (2 children)

Imagine if he waits for people to panic and sell off and then buys back into the market.

In this case, I expect that the market is due to tank for real soon, so that would maybe be a stupid move, but it seems like in general someone could literally trade on the perception that they're an insider (regardless of whether they have real inside information or not) to manipulate the market in their favor.

[–] 5C5C5C@programming.dev 69 points 2 days ago (7 children)

I imagine this should count as illegal stock market manipulation, but the government would be too toothless to prosecute it.

[–] Passerby6497@lemmy.world 11 points 2 days ago

I imagine this should count as illegal stock market manipulation, but the government would be too in on the scam to prosecute it.

FTFY

[–] yakko@feddit.uk 17 points 2 days ago

The word is regulatory capture, and the game is upwards wealth transfer.

[–] excursion22@piefed.ca 5 points 2 days ago

This is the government's favourite sport. What do you think all the tariff announcements and later withdrawals are doing?

[–] BarneyPiccolo@lemmy.today 5 points 2 days ago

The MAGA government will get in on it. Trump will probably make some kind of ridiculous statement to kick off the plunge, so they can all profit on the slide, and rebuy at the bottom, and recycle the bubble.

[–] baggachipz@sh.itjust.works 3 points 2 days ago

They’d probably encourage it

[–] Atherel@lemmy.dbzer0.com 4 points 2 days ago

The government did it itself just way bigger.

[–] aeternum@lemmy.blahaj.zone 2 points 2 days ago

lol. prosecuting one of the in crowd? They're not toothless (in this case at least), they're just protecting one of their own.

[–] unexposedhazard@discuss.tchncs.de 3 points 2 days ago (1 children)

Who cares tho. Anyone who sells now still made massive gains. Only gamblers think about "potential gains".

[–] tym@lemmy.world 3 points 2 days ago

gamblers duck in and out over the course of hours and days with leverage

[–] sp3ctr4l@lemmy.dbzer0.com 2 points 1 day ago* (last edited 1 day ago)

Yep.

I read this and actually said aloud "Oh Dear God."

I mean, I'm a poor, I don't have... a pension, investments, I'll be lucky if my net worth ever exceeds the FDIC guaranteed $250k...

But uh yeah, yeah, if you have any uh, exposure to the stock market... uh, good luck!

Have fun realizing you were actually just barely less poor than me, this whole time.

[–] HubertManne@piefed.social 2 points 1 day ago

was gonna say. they guy whos company is to to have all the information. mmmmmm.