It's blatant stock manipulation. The stock price goes up because they increase demand for the stock for no reason. The value of the company doesn't change at all other than they're holding stock as an asset instead of the cash. Yet the stock is worth more now. It's stock manipulation, plain and simple.

[–] orphiebaby@lemm.ee 1 points 1 year ago

It's almost as if stocks are a really shitty way to get rich from nothing.

[–] GarfieldYaoi@hexbear.net 10 points 1 year ago

so-true : "It's not corruption if you legalize it!"

[–] grazing7264@hexbear.net 6 points 1 year ago* (last edited 1 year ago)

When organized labor is weak and non-militant, capital can get away with a lot more, so it does get away with a lot more.

It strips away anti-corruption, regulations, and social democracy as soon as it can get away with it.