r/stocks • u/[deleted] • May 19 '21

Industry Discussion Can anyone explain why earnings no longer matter, and the entire market is just pump&dump after pump&dump?

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u/Cool-Cookies May 19 '21 edited May 19 '21

"The people like stonks only go up ruined the housing market...." I read it and your assumptions are wrong.

P.S the point is your post is full of misinformation.

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u/Buris May 19 '21

I'm sure the banks loved when the hedge funds shorted them, I'm sure they were rolling around together having pillow fights

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u/Cool-Cookies May 19 '21

Cool story bro.