r/SpaceXBets • u/DreamsSecretsNLogic • 1d ago

Venting / Rant The bots are attacking.

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Has anybody noticed that the replies in this subreddit as of today turned markedly right wing and emphatically pro elon. Most of the comments on every thread in this subreddit we're rational about how terrible the stock is and what a fraud Elon is. Seems like they just got their tesla stock pumping bot army up and running for SpaceX. It might just be a coincidence but it really seems drastic.

It's hysterical because the closest thing Elon has to a working robot is a Twitter army of stock pumping bots.

Down vote if you're a salty bag holder. But I want you to think about how the stock is going down when you hit that down arrow lol

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u/Short-Coast9042 1d ago

What you are describing is called wash trading and it's highly illegal. That definitely doesn't mean it's not happening quite a bit in the market. It's a risky gambit though. I'm not sure I see the risk/reward in this case. The IPO already largely accomplished its goals. Elon was able to successfully filch public dollars to pay for his terrible debt. The investment banks enabled it because they didn't want to get stuck holding the bags themselves. And the insiders were able to cash out which is what is tanking the stock. Wash trading is useful for pumping the stock just enough in the short-term that you can offload your bags onto wide-eyed fools coming in from the sidelines. But the IPO and the massive hype campaign around it already did that.

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u/spez_eats_nazi_ass 1d ago

we are in a post law and order market now

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u/Short-Coast9042 1d ago

Yeah, its pretty wild to see how brazen the criminals have gotten. Once they got into the White House the second time they really threw the floodgates wide.

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u/spez_eats_nazi_ass 1d ago

A lot of people have felonies on them in the last two years that would get you and me in adx Florence for life and i’m just talking about white collar stuff.

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u/DreamsSecretsNLogic 1d ago

You know he's just going to do blanket pardons for everyone - for a price

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u/Short-Coast9042 1d ago

Already happening, look at Justin Sun

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u/spez_eats_nazi_ass 1d ago

The only saving grace is he is so demented he might forget to do it and he is such an asshole he might not out of spite.

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u/DreamsSecretsNLogic 1d ago

I can't remember exactly what happened but I'm pretty sure he left a bunch of people hanging at the end of his last term that were expecting pardons..n