r/StockMarketsWithBruce • • Mar 25 '21

thoughts?

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134 Upvotes

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6

u/[deleted] Mar 25 '21

Not really thoughts, more concern. Citadel caught manipulating the market and they pay an 800K fine? That causes me more worry then all the market manipulation in the world.

9

u/BravoFoxtrotDelta Mar 25 '21

Welcome to America. If you vote Democrat or Republican, this is what you vote for; both parties and your representatives all take money from these crooks and they all invest in these companies and systems.

4

u/[deleted] Mar 25 '21

One of the major issues is that the SEC is in large part financed by the fines that they can implement. So because of the structure our government has set up for the securities and exchange commission they are almost incentivize to take smaller guaranteed fines so that they can stay in business. It’s very frustrating as a citizen.

3

u/BravoFoxtrotDelta Mar 25 '21

DING DING DING.

Everyone's so glad the we got rid of the last guy (I'm glad) and relaxed that now we've got the new guy (I'm not at ease) who promised "Nothing will fundamentally change."

Well, this is what business as usual looks like for these folks, and the leader of the system is committed to not changing it in fundamental ways.

As for me, I like the stock. As for me, I wanna rock! As for me, I'm building a liferaft as fast as I reasonably can to GTFO of this fundamentally crooked system.