Naked ShortingThe real probem is Naked Shorting by the "Big Boys"(the brokerage firms and hedge funds). They sell shares which they haven't borrowed driving the price down all day long and then they buy back the shares at the end of the day at a much lower price to cover their selling.This is not legal but it happens every day! It happened to BB on Friday.Why was BB down at the end of the day and all the American company's that Roninhood was promoting were up?
The answer is Wall Street doesn't like Canadian Company's even though BB has better fundumentals than the other American Company's that Reddit is promoting.
Am I the only one that finds it odd that there are days when 60-70% of all the buying and selling are between between a major Canadian Brokerage and Anonymous? Who is Anonymous? We need more transparency. Emai IIROC. I do on a regular basis You should too.