Its fucked up - what they did - but it makes sense.
Some people are heavily influenced by social media. These guys used social media to inflate stock prices and then they dumped their holdings. It’s like the way the Kardashians use their influence to sell lots of shit. They are the ones who profit - while their followers just spend more of their money.
"Pump and dump" is a scam as old as time, or at least stock exchanges. It plays on the schmuck's greed and desire for easy money.
It's hard to cheat an honest man.
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