Agent641@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 9 months agoReddit literally shilling their own stonks to users in direct message, reveals that CEO gets paid $193 million last yearlemmy.worldimagemessage-square117fedilinkarrow-up1928arrow-down134
arrow-up1894arrow-down1imageReddit literally shilling their own stonks to users in direct message, reveals that CEO gets paid $193 million last yearlemmy.worldAgent641@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 9 months agomessage-square117fedilink
minus-squareBrownian Motion@lemmy.worldlinkfedilinkEnglisharrow-up11arrow-down19·9 months agoI’d pick prohibited transaction. I live in AU. NYSE won’t let me trade there. Either that or “hate” - all redditors can get involved, but not you because you are not from the US. Sounds like communism.
minus-squaredasgoat@lemmy.worldlinkfedilinkEnglisharrow-up24arrow-down4·9 months ago‘Sounds like communism’ Show me people who don’t know what communism, Alex
minus-squareKoalaUnknown@lemmy.worldlinkfedilinkEnglisharrow-up5·9 months agoYou can trade on the New York Stock Exchange in Australia. I trade foreign stock exchanges all the time.
minus-squarebradorsomething@ttrpg.networklinkfedilinkEnglisharrow-up1·9 months agoIt’s a bit more complicated… you trade through a broker with trading rights on that exchange. Unless you are a power user on a bloomberg terminal. Reddit could direct sell shares to a US resident, I’m pretty sure, as a first party sale.
minus-squareKoalaUnknown@lemmy.worldlinkfedilinkEnglisharrow-up2·9 months agoWhy would you want to do that. Unless you are trading massive amounts of money, it’s more practical to just use an online broker.
minus-squareFog0555@lemmy.worldlinkfedilinkEnglisharrow-up2·9 months agoThat’s exactly how people in the US trade also!
I’d pick prohibited transaction. I live in AU. NYSE won’t let me trade there.
Either that or “hate” - all redditors can get involved, but not you because you are not from the US. Sounds like communism.
‘Sounds like communism’
Show me people who don’t know what communism, Alex
You can trade on the New York Stock Exchange in Australia. I trade foreign stock exchanges all the time.
It’s a bit more complicated… you trade through a broker with trading rights on that exchange. Unless you are a power user on a bloomberg terminal.
Reddit could direct sell shares to a US resident, I’m pretty sure, as a first party sale.
Why would you want to do that. Unless you are trading massive amounts of money, it’s more practical to just use an online broker.
That’s exactly how people in the US trade also!
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