• kender242@lemmy.world
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    9 days ago

    Thanks. I’m seeing two conflicting stories in my mind.

    I’d the company is worth $10,000 and there are 100 shares. And if I sold 10 for $100 each the company is still worth $10,000?

    But who gets to calculate when the value goes down? Is it when someone offers me $90 and I accept? Why can’t I just pretend to be two people and sell myself stock at $10 to artificially tank the price so I can buy the dip? Or do the reverse and pump the price up?

    Or maybe the first 10% to sell gets the best deal and the price auto-magically goes down because of ‘market trend’ and each next 10% gets increasingly screwed until the company is worthless?

    • SpaceNoodle@lemmy.world
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      9 days ago

      Congratulations, you just figured out market manipulation! Some of that isn’t strictly legal, but since when does that affect people’s actions?