Look in the general sense that retail traders lose money you are right but that applies to all markets, sports betting and casinos. However I and many of my friends live in houses paid for with profits made from futures trading and none of us have inside info or supply commodities. It takes discipline, skill, risk management, emotional management and drive to make it happen but it does happen.
Can’t wait to see what they release. There is apparently so much doubt against them that this isn’t even news. Like nobody knows or cares this is happening. If this was listed on polymarket it seems this would be trading at like 5 cents. I’d buy it too purely bc I think that’s way too cheap. No idea if that independent evaluator is legit or not. If true though wow what a game changer. I’m pulling for them.
“Manipulation” is what? You want to create a rule that says a firm can’t buy more than x shares/dollars/% in a certain amount of time? Or if it does it has to hold onto those shares for a minimum time? A firm should be able to buy as much as it wants, subject to its margin requirements, and then sell whenever it wants, be it one second, one minute, one hour, one day…later.
I’m not sure you are seeing it clearly..or have any trading experience whatsoever. They took substantial risk. There is always someone bigger so if they were wrong they could have been buried. Then they reversed. If there are allegations of insider trading or collusion or something else then I’m ready to pile on but I don’t see anything here.