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Old 01-28-2021, 11:47 AM   #6846
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To me, this is an interesting comparison of "market mentality" versus "pump and dump". It's illegal to pump an dump, so what were the motivations and actions of the people who started this?

Of course, we all know that the game is rigged anyway. I bet 0.00000001 percent of insider trading is investigated, and then you've got things like that one big player rigging the software to execute their trades a microsecond before retail trades so they can take the difference.

Sometimes I worry a bit that the entire stock market is an unintentional ponzi scheme and at some point someone will do some math and the whole thing will collapse. For example, I give some money to google via stock that they use to fund growth. The promise that I get in return is that they'll grow and I'll then be able to sell the stock to the next people, who themselves buy it on the promise that google will grow. It seems kind of pyramid-like. With dividend stocks I like the equation better, because I'm getting a return on my money, but with non-dividend stocks I sometimes feel like I'm buying air.
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