I keep reading that the hedge fund managers buy stocks that they are predicting will drop, then buy them back at a lower price when they do.
That's a lie.
The hedge fund managers band together and cause a stock to drop by short selling it. They kill its price then buy it back at a cheaper price and pocket the difference.
They don't predict schitt. They cause the price to drop.
Can't happen. That's illegal to manipulate the market like that......and there are laws against it to protect the public retail accounts, and others.
"He is far from Stupid"
”person, who happens to have an above-average level of intelligence”
