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Confirming the U-W report:
[https://www.reuters.com/world/asia-pacific/south-korea-extend-short-selling-ban-now-2024-06-13/](https://www.reuters.com/world/asia-pacific/south-korea-extend-short-selling-ban-now-2024-06-13/)
But muh overlords money? What will he do without 1 extra billion dollars? It’ll take them at least a WHOLE YEAR to get it back :((( pwease guys, think of the big guy for once!!!!
It's not that simple. SK stock market is very easy to manipulate due to it's size(small). Individuals can also manipulate it with social media and pump and dump with enough dough. Add short selling to that, you get a highly manipulated stock market with only selected players win. Much more than US markets. And it makes the market too volatile to invest long term.
I think you underestimate the level of corruption in SK.
We meme about corporations in the US exerting soft power to manipulate things for their advantage, but in SK they are fucking brazen with their attempts at maintaining advantage.
A great Reddit-centric example would be the closure of Twitch Korea. SK's big 3 telecoms basically just said "No thanks" and jacked up data rates arbitrarily. Didn't even try to hide it, they just did it completely out in the open, because the SK government has no power to stop them.
And I’m stating that I think you underestimate the level of corruption in the US.
The very fact that SK can put a law like this in place, speaks to their willingness to fight that sort of corruption. This sort of thing would be dead in 5 minutes in the US.
You're factually correct about Korea but not about the relativity to the US.
The US corporate corruption is thoroughly entrenched in many sectors. Haliburton can dictate foreign policy. Marlboro man can dictate health policy and a competitor like Juul's fate. Meta can force the sale of Tik Tok. Elon can manipulate the price of doggecooin in collusion with Mayo and SNL. Amazon can cellar box retail companies with hedge fund friends. These examples are literally world famous stories.
Incase anyone forgot why South Korea is important: Semi conductors and some of the biggest companies on the planet, aka Samsung, NXP and LG
https://companiesmarketcap.com/south-korea/largest-companies-in-south-korea-by-market-cap/
In what sense? Genuinely curious. I work for a S. Korean based company and they seem pretty chill aside from the higher ups having god complexes. Makes me wonder how much Chaebol plays a role in their society.
In every sense (except maybe work). The culture of respect, safety, and care will blow your mind away. As Americans, it’s very “me vs the world” and that’s just now how Koreans function. You want to make a friend: talk to someone like a friend and get to know them. People are open, respectful, and full of joy in Korea. I’m sure the nation and population have their complaints about their own society, but as an outsider experiencing something new, it’s amazing.
My experience there was good. People were nice and friendly to me the girls love American soldiers. I enjoyed learning about the history and culture I took it all in and enjoyed the experience fully. Now the rest of the stuff sucked as far as military training was concerned 😂
It seems a sensible approach. Level playing field and no shenanigans.
The liquidity argument does not really stand. No major stock exchange has liquidity issues, and stocks that are heavily shorted normally have enormous liquidity.
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This seems like a direct result of many South Korean apes not being able to direct register their shares from their brokerages over these few years. I’m sure the regulators became aware as to why they wanted to direct register in the first place. 👀
Day Dream: SHF's flights get diverted to SK, upon landing they are jailed. US becomes a beacon of light and wealth is redistributed from Fegate, Cayman and Panama back to the Citizens. Aahhhhh
Short selling is a scam - Brokerage houses “lend” your shares of stock without your permission to short sellers so they can make money by lowering the value of your stock. This is theft and they have no right to do this.
First - it was sarcasm that they did this because of them extincting themselves.. I guess it was not the most obvious sarcasm for actual regards in this sub.
Second - they are extincting themselves and they are not the only country. It is pretty well-known if you do any research regarding populations/birth rates.. which is why I made a joke about them doing something for the people.
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LIFE IN PRISON!!! No cell, no sell.
This
S.Korea is definitely an ape
\*Ant
Ape ants or ant apes?
Yes.
How do we convince Kenny to take a vacation over there? Asking for 1 million friends…
Ya boi is going to be vacationing at places with no US extradition treaty soon.
Music to my ears 🥰
⬆️
100% this! No cell, no sell!
UW is a shill factory, we have got to find better sources people. Down vote and report, every time.
Confirming the U-W report: [https://www.reuters.com/world/asia-pacific/south-korea-extend-short-selling-ban-now-2024-06-13/](https://www.reuters.com/world/asia-pacific/south-korea-extend-short-selling-ban-now-2024-06-13/)
It' almost like they must think its.. uhh.. like... unethical?
Yeah,like..they don't want a rigged market?
I guess.. ya?
But muh overlords money? What will he do without 1 extra billion dollars? It’ll take them at least a WHOLE YEAR to get it back :((( pwease guys, think of the big guy for once!!!!
They should have tagged Gensler in that tweet...
Maybe I will
DO IT
South Korea rocks
It's not that simple. SK stock market is very easy to manipulate due to it's size(small). Individuals can also manipulate it with social media and pump and dump with enough dough. Add short selling to that, you get a highly manipulated stock market with only selected players win. Much more than US markets. And it makes the market too volatile to invest long term.
lol as if that shit doesn’t happen in our market due to billionaires and VC’s doing the same shit even in our larger market
I think you underestimate the level of corruption in SK. We meme about corporations in the US exerting soft power to manipulate things for their advantage, but in SK they are fucking brazen with their attempts at maintaining advantage. A great Reddit-centric example would be the closure of Twitch Korea. SK's big 3 telecoms basically just said "No thanks" and jacked up data rates arbitrarily. Didn't even try to hide it, they just did it completely out in the open, because the SK government has no power to stop them.
And I’m stating that I think you underestimate the level of corruption in the US. The very fact that SK can put a law like this in place, speaks to their willingness to fight that sort of corruption. This sort of thing would be dead in 5 minutes in the US.
You're factually correct about Korea but not about the relativity to the US. The US corporate corruption is thoroughly entrenched in many sectors. Haliburton can dictate foreign policy. Marlboro man can dictate health policy and a competitor like Juul's fate. Meta can force the sale of Tik Tok. Elon can manipulate the price of doggecooin in collusion with Mayo and SNL. Amazon can cellar box retail companies with hedge fund friends. These examples are literally world famous stories.
Incase anyone forgot why South Korea is important: Semi conductors and some of the biggest companies on the planet, aka Samsung, NXP and LG https://companiesmarketcap.com/south-korea/largest-companies-in-south-korea-by-market-cap/
As an American that’s lived in SK during my time in the military I can say that place is absolutely amazing.
In what sense? Genuinely curious. I work for a S. Korean based company and they seem pretty chill aside from the higher ups having god complexes. Makes me wonder how much Chaebol plays a role in their society.
In every sense (except maybe work). The culture of respect, safety, and care will blow your mind away. As Americans, it’s very “me vs the world” and that’s just now how Koreans function. You want to make a friend: talk to someone like a friend and get to know them. People are open, respectful, and full of joy in Korea. I’m sure the nation and population have their complaints about their own society, but as an outsider experiencing something new, it’s amazing.
My experience there was good. People were nice and friendly to me the girls love American soldiers. I enjoyed learning about the history and culture I took it all in and enjoyed the experience fully. Now the rest of the stuff sucked as far as military training was concerned 😂
Also K-Pop
And K-Dramas
Go ants! Wooooooo
It seems a sensible approach. Level playing field and no shenanigans. The liquidity argument does not really stand. No major stock exchange has liquidity issues, and stocks that are heavily shorted normally have enormous liquidity.
All my homies love South Korea
They should extend warrants world wide so those cucks shorting can't travel to Their beautiful country anymore.
Hey OP, thanks for the Social Media post. If this is from Twitter, and Twitter is NOT the original source of this information, this WILL get removed! Please post the original source! **Please respond to this comment within 10 minutes with the URL to the source** If there is no source or if you yourself are the author, you can reply `OC`
https://x.com/unusual_whales/status/1801600979554680936?t=pMhz6TT748O96ul0Bl1vLQ&s=19
South Korea has more morals when it comes to investing than USA. Let that sink in!
That wasn't a high bar you set
All well and good, but we already have a history of not enforcing laws already on the books so 🤷♂️
https://preview.redd.it/l9ot0toifj6d1.jpeg?width=3544&format=pjpg&auto=webp&s=3ee8a30d9f432cece1f83120337d9b2088776fa7
ANTS!!! ANTS!!! ANTS!!! ANTS!!!
Imagine that. Punishing the parasites pawning other people’s stuff.
What’s punishable by life in jail in South Korea is SOP here in us….we are a fucking joke
Fuck yeah. Go South Korea!!!
This seems like a direct result of many South Korean apes not being able to direct register their shares from their brokerages over these few years. I’m sure the regulators became aware as to why they wanted to direct register in the first place. 👀
Wen Kenny
Day Dream: SHF's flights get diverted to SK, upon landing they are jailed. US becomes a beacon of light and wealth is redistributed from Fegate, Cayman and Panama back to the Citizens. Aahhhhh
South Korea likes the stock
But has anyone there thought of the poor liquidity fairy??
We should be asking Gensler and the SEC why this isn't something the US should do as well. Make them answer for why it's allowed.
God Bless Korea
Kenny not moving to South Korea ever
Then they make shorts as long.
This is spicy
Looks like I’m moving to South Korea with my money
대.한.민.국!!!
Based
We'd never do anything like that in the US...freedom and capitalism bombs be dropping err'where before we clean up our own house.
I wonder why through March 30th rather than just permanently?
LIFE IN JAIL HOLY SHIT
It's pretty clear the leaders on both sides of the political spectrum don't give a fuck in this country. They want the payoffs.
See, it’s not hard when there are actual boundaries in the upper echelons of government.
Short selling is a scam - Brokerage houses “lend” your shares of stock without your permission to short sellers so they can make money by lowering the value of your stock. This is theft and they have no right to do this.
US policymakers should learn from South Korea
https://youtu.be/KV5QlSgq7lg
When USA? NO CELL, NO SELL!
Rather ban stock buybacks please.
Prison for rensole
THIS IS HOW YOU STOP FINANCIAL CRIME!!!
[удалено]
Yeah sure. banning short selling is a direct result of declining birth rate. Look! A squirrel.
First - it was sarcasm that they did this because of them extincting themselves.. I guess it was not the most obvious sarcasm for actual regards in this sub. Second - they are extincting themselves and they are not the only country. It is pretty well-known if you do any research regarding populations/birth rates.. which is why I made a joke about them doing something for the people.