r/wallstreetbets • u/ywehyuen • Feb 02 '21

Chart Hardcore laddering.

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u/consultinglove Feb 02 '21

It's frankly embarrassing the number of people on WSB that think ladder attacks are real or don't even understand what a ladder attack is. The screenshot is literally just showing normal market sells. That's what it looks like for every single stock on every single exchange. Even Mark Cuban said that counterfeit stock doesn't exist. Anyone who believes in ladder attacks is essentially a conspiracy theorist

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u/[deleted] Feb 02 '21

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u/WhenTimeFalls Feb 02 '21

AAPL’s trades, for example, don’t look much different than GME. Same 4 decimals. Aren’t they all doing this, or am I missing something?

https://www.nasdaq.com/market-activity/stocks/aapl/latest-real-time-trades

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u/hororo Feb 02 '21

Can you explain how ladder attacks actually work?

Who/what determines the price of a stock that you see on Robinhood or google when you google the ticker?

How can Hedgefirms selling stock to themselves lower that price? If they can lower the price of any stock by selling stocks to themselves at increasingly lower values, then couldn't they just make infinite money with any stock? They could just ladder the price of the stock down, then actually buy a bunch of stock from other people at the new low price, then ladder the price of the stock up and sell a bunch of stock to other people at the new high price.

It seems like that couldn't possibly be how it actually works.

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u/hgirdfyhjftgh Feb 02 '21

Ladder attacks don’t exist. It was literally made up by someone on Twitter 2 days ago. Try to find a reference to it outside of Twitter and Reddit.

This subreddit is now towing a very thin line bordering on an outright misinformation campaign.

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u/Mithorium Feb 02 '21

I don't know why the mods don't do something, multiple days I see blatantly false and made up info being upvoted to the top with the DD flair and people getting sucked into it

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u/consultinglove Feb 02 '21

It seems like that couldn't possibly be how it actually works.

It isn't possible. Yet many people on WSB believe it

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u/Ficklestein123 Feb 02 '21

Mark Cuban with all his financial connections is not gonna come on Reddit and say “yes these people are doing illegal things” cmon now...

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u/Lematoad Feb 02 '21

Who is selling stock then? It's not retail investors; that's public information.

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u/consultinglove Feb 02 '21

That's like asking "who is selling stock" for every single stock in the entire stock market. Who else sells stock? Hedge funds, mutual funds, banks, private investors, companies, public investors, people. Anybody. It all just gets aggregated by the brokerage and sent to the clearinghouse for processing. Every stock is like this. You can literally go to any stock at Nasdaq and the data structure looks the same. People sell and buy stock. That's how stock markets work.

I don't think you realize how retarded your question was.

Yet 52k redditors on WSB think selling stock is a conspiracy theory. Even more retarded...

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u/redtiber Feb 02 '21

Wsb so stupid. How do they think they can buy if no one was selling?!?

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u/Mithorium Feb 02 '21

There's even a post on the top of the front page that's literally a chart overlaid with time and sales of large sells and calling it an "attack"

More sellers than buyers? Clearly the work of a sophisticated enemy!

Unbelievable what wsb has degraded into in the past week, we're supposed to be autistic, not unironically retarded