At the same time, he said, retail investors have seen hedge funds and other sophisticated or wealthy investors treated differently, such as getting early access to initial public offerings and better trade execution.
"Newer investors are seeing those things, and that can sow the seeds of doubt about the integrity or fairness of the markets," McBride said. The poll of 2,525 U.S. adults was taken in late February, about a month after a runup in so-called meme stocks, including— whose share price peaked at $347 on Jan. 27 after trading at about $31 two weeks earlier. The surge was attributed to an army of Reddit investors forcing hedge funds that were banking on the stock dropping — known as short-selling — to instead buy shares at a higher price.
It’s not the market that is rigged. It’s individual investors’ behaviour which is rigged against them. People are their own worst enemy.
Unless you have sizeable capital, you will get screwed.
Everything is rigged watch seaspiracy and you will figure out how no govt in the world does not protect the ocean but people are just being mislead
Of course. The hedge funds are controlling the market. They collude to swing the market for their benefit, but who will investigate that? The amount of expertise and resources needed is not there.
well, it does seem many stocks go down after someone on tv says to buy them... big money may well be using altruistic commentators ideas to counter trade...
Of course it is, duh ... Did we not see that front and center with WSB and Gamestop? They just beat WS at their own game. It is gambling, just like Vegas.
Lefty victims. So pathetic.