this post was submitted on 19 Jul 2026
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Funny

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[–] marcos@lemmy.world 10 points 2 days ago* (last edited 2 days ago)

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.)