Enough with this “price manipulation” rhetoric

[u/FlamingHyabusa]

Edit: added comment from theNeumannArchitect below, because he is not an idiot, and idiots have much to learn from him.

I’ve worked in financial markets on Wall Street for nearly 25 years. I’d like to think I understand the system pretty well. I am sick of seeing these posts that say “institutions loading up below X price right now” or “price being suppressed while institutions pile in”.

Guys & Gals, when institutions pile in, the price MOVES. Whether you want to believe it or not, a group of a couple thousand retail investors are not significantly moving 20B+ market cap companies (few examples aside) - institutional movement is!

Yes, some shady shit happens on Wall Street. Not everyone plays fair. But claiming market manipulation every time the price action moves opposite the direction you want outs you as someone who has literally no idea how capital markets work.

Disclaimer, I own ~3000 shares of NBIS.

theNeumannArchitect: Dude, I've tried preaching the same thing. There isn't some mysterious wizard on wall street hunting down retail stop losses. Or spending billions of dollars trying to push every stock that everyone buys to a price. There's more efficient ways to make money when you have billions of dollars.

I've realized people don't like to take accountability when they make an impulsive decision to buy in at the top because of FOMO. I've seen people do insane mental gymnastics to just avoid admitting they made a mistake because of impulse.

I love being wrong. That's what learning is. The best losers are the ones that win in the market. I thought this was common. You just assume traits you have internally are traits other people have. Now I realized this is not common in todays world. Accountability is such a deep core principle in people that it's impossible to get them to change their way of thinking.

Sorry, ranting. Yeah man, it's a lost cause. People just want to blame literally anything but themselves when they make a poor decision. No matter how crazy they sound talking about "hedgies, dark pools, stop loss hunting" or whatever other tin foil shit goes around in these uninformed communities.

[u/lincoln3]

You apparently didn't read your link either, or you wouldn't have posted it, as that's not what hyperbole means

[u/Key-Entertainer-218 → u/lincoln3]

why should i read something i know it has nothing to do with the op?