this is also legal and spins large amounts of profit to those involved on 'false' volume .....does not appear as short selling but has a far more damaging effect on SP value and is the scourge that is known as reverse ETF's ( I can't describe how much I detest ETFs' - they are modern day CDO's and artificially inflate asset values by a considerable percentage - trillions of falsely priced value yet to be ground out....).....'market makers' ?? ....of course it is and we all accept it as normal.....nothing could be further from the truth imo
yes it is legal no it is not ethical but neither is tax minimisation .....
this is from a previous post and this is directly responsible for the day volume day rallies we have all been seeing in 2008 17billion crossed over into leveraged reverse etfs' .....year to date 2022 we're sitting at 28billion...USD there are more reverse exchange traded funds in existence today than at any other time in history link to post here: Post #: 64333790
some great posting in this thread - throwing light on the shadowy dark arts confirmation the market is never right and it pays to be informed
weebit for the win
WBT Price at posting:
$5.13 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)