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evanstony

08/18/23 12:03 PM

#621948 RE: hankmanhub #621933

The SEC is now allowing this system to be hijacked by the MMs and hedge funds and shorts etc, and turning this whole market on its head.

I agree completely. I also think they know and have been repeatedly threatened with a market collapse if they make the changes needed to bring the markets back to a "fair" operating state. The Wall Street Mafia is in charge an until we get a new "Elliot Ness" enforcer that is not afraid of his future millionaire market maker job... nothing will change.
Great post!
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improving

08/18/23 1:21 PM

#622012 RE: hankmanhub #621933

Hank, I completely agree with you. If I were thinking of starting a biotech company, the US markets would not be my first choice. The once small cottage industry of ripping off investors of small fledgling companies, has now become a commonplace profit center for hedgefunds and market makers not smart enough to do business legitimately.

Honestly, I can't imagine seeking a profit by shorting and spoofing a company that is bringing a badly needed cancer treatment platform to market, I really can't.

Hopefully, more than a few people end up in jail.
Regards.