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Interesting article on market manipulation…
Japan’s SoftBank was reportedly the “Nasdaq whale,” that bought billions of dollars in individual stock options in big tech companies over the past month, driving up volumes and contributing to a trading frenzy.
Yep, there’s always somebody trying to manipulate things. However, we’re in the stuff that hasn’t been manipulated. And many times, it can back-fire on the manipulators.
By the way, Softbank also lost a ton of money off of WeWork.
At least temporarily, it’s backfiring on them: https://finance.yahoo.com/news/softbank-4-billion-trading-gains-144407082.html
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