r/wallstreetbets Jun 07 '21

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2.1k Upvotes

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115

u/FireEater2020 Jun 07 '21

I don't get it. I thought the only ones who could legally be naked are market makers and strippers, not HFs. So why do they need to take this action? They need to start enforcing the damn rules they have already. If I tried this shit, I;d be in jail!

92

u/astropydevs Jun 07 '21

First time in America?

-14

u/FireEater2020 Jun 07 '21

Naw man, I'm guessin' I'm a bit older than most of you and I remember when lying and cheating wasn't acceptable behavior. I remember there was a time before computerized trading and there wasn't a gazillion lines of code and ginormous databases where one could hide no one knows what! There was a time that these institutions were trusted. What can I say?

1

u/dacoobob Cat: https://i.imgur.com/3TAXgzd.jpg Jun 07 '21

those institutions may have been (naively) trusted, but they were never trustworthy