Michael Hutchens, founder of financial modelling software firm Modano, commented: “The outcome of all this madness was an enormous transfer of wealth from the retirement savings of mums and dads via their 'safe' index funds – and foolish retail investors buying into the paid hype – into the hands of short sellers and greedy executives who knew exactly how this was all going to end.
“I am really not sure how you fix something so fundamentally broken yet not technically illegal.”
IMO DYOR
LKE Price at posting:
75.8¢ Sentiment: Sell Disclosure: Not Held
