Later On

A blog written for those whose interests more or less match mine.

“Where did the money go?” Part 5: Turning up like a bad penny

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David Dayen publishes part 5 of his Penny Stock Chronicles in The Intercept. The blurb:

The penny stock Chris DiIorio invested in that crashed and burned was one of many stocks with similar trajectories traded by the same two giant companies. But if one was the buyer and the other the seller, how could this be in both of their interests?

It’s worth reading the entire series.

Written by LeisureGuy

26 September 2016 at 9:57 am

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