this post was submitted on 19 Jul 2026
465 points (96.8% liked)
Funny
15630 readers
1046 users here now
General rules:
- Be kind.
- All posts must make an attempt to be funny.
- Obey the general sh.itjust.works instance rules.
- No politics or political figures. There are plenty of other politics communities to choose from.
- Don't post anything grotesque or potentially illegal. Examples include pornography, gore, animal cruelty, inappropriate jokes involving kids, etc.
Exceptions may be made at the discretion of the mods.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They brought the stock because they thought they could sell it for more in a short while.
The next step in that plan was always selling it. Turns out they thought wrong.
(But more precisely on this case, some index funds were buying it with people's retirement money because they were required to. As soon as they all brought it, there were none any more to buy.)