Reply to Stock Market is not a Free Market after all

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[quote=Anonymous][quote=Anonymous]I am the poster of the 08:12 post and want to respond notion that the system is rigged, manipulated: [b]Every time the little guy starts to make money, the System pulls the plug[/b]. While this sounds like a good rebel yell, it’s bs. How many of you have become rich by dollar cost averaging and letting your stock investments grow over time? Congratulations, you have used the System to become rich. How many of you have received stock options or restricted stock as compensation and become rich? Again, the System has made you rich. So, it’s not that the System undermines the little guy, it’s that not everyone participates. That’s a problem.

It’s also not to say that the System shouldn’t change, but that change should be orderly. Any System has rules and assumptions. Oftentimes, we don’t realize all the ramifications of those rules and assumptions until they are challenged. And, when they are, we have to re-evaluate whether the rules, or even the overall System, should be modified. For example, Trump exposed the degree to which our government works on norms that he decided to trash. We now must re-evaluate those norms as either so important that we make them into rules or continue to consider them norms. Same here. The WSB crowd has successfully challenged the norms, but let’s not mistake that wake up call for support for destruction. That will only lead to more destruction. As previously mentioned, many of us have a vested interested in the stability of the current regime. Instead, let’s use this wake up call for incremental and responsible change.

[/quote]

Except that's what happened yesterday with the blatant market manipulation to drive the Gamestop stock price lower.

The response, regulatory and market, to that will be important for everyone to see.  Or if there's no response.  [/quote]

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