Submitted by Jd20001 t3_11w9qq4 in wallstreetbets
BossBackground104 t1_jd1gckr wrote
Real problem is billionaires owning billions of dollars worth of public companies can crash anything when they dump shares. Tesla when Elon bought Twitter. Amazon when Bezos dumped shares. BK, BOA when Buffet dumped shares. Institutions can't dump all those shares at once. Even if they have to file with the SEC, it moves markets.
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