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Saudi Arabia Quietly Pumps Up Its Stock Market

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51–60 of 68 posts

Re: Saudi Arabia Quietly Pumps Up Its Stock Market

#52

> We need to highlight to the world that Saudi investment is good That is, of course, if you're ok with some people being lured into an embassy and cut up into little pieces.

I'm almost certain that there's something about just every nation that I would find just as unacceptable.

Put another way, judging nations based on particular actions is iffy at best.

Re: Saudi Arabia Quietly Pumps Up Its Stock Market

#53

Crypto Jews manipulate stock market to appease Americans into not caring about their war crimes, color me surprised. To the downvoters -- Everything I said is factual, other than the surprised part.

You can't do this here. We've banned the account.

Re: Saudi Arabia Quietly Pumps Up Its Stock Market

#55
post #17

Thank you for this. I don't know why people keep posting links that are behind a paywall.

If there's a workaround, it's ok. Users usually post workarounds in the thread.

This is in the FAQ at https://news.ycombinator.com/newsfaq.html and there's more explanation here:

https://news.ycombinator.com/item?id=10178989

https://hn.algolia.com/?sort=byDate&dateRange=all&type=comme...

We detached this subthread from https://news.ycombinator.com/item?id=18677791 and marked it off-topic.

Re: Saudi Arabia Quietly Pumps Up Its Stock Market

#56

Or we could actually support journalists so we don’t end up in a dystopia where we have to get all our news from BuzzFeed and Mashable.

There's a legit argument there, but it's tired and boring to rehearse this on every paywalled story, and that makes it off topic. HN's policy on paywalls has been the same for years. It's in the FAQ at https://news.ycombinator.com/newsfaq.html and there's more explanation at https://news.ycombinator.com/item?id=10178989 and lots more at https://hn.algolia.com/?sort=byDate&dateRange=all&type=comme....

We detached this subthread from https://news.ycombinator.com/item?id=18677791 and marked it off-topic.

Re: Saudi Arabia Quietly Pumps Up Its Stock Market

#57

> the Saudi government has placed huge buy orders, often in the closing minutes of negative trading days, to boost the market. This sounds quite exploitable. Buy low before the end of the trading day, sell high at the end.

Interesting to ponder how this would actually be structured as puts and calls, i.e., what does the arb trade look like to exploit the fact that the KSA government will always shore up bad trading days. Paging Matt Levine....

Re: Saudi Arabia Quietly Pumps Up Its Stock Market

#58
post #47

Earlier quoted context omitted.

It's not up to you to decide from whom you're allowed to steal content. You can't steal money from Bill Gates's wallet just because "you don't think he's starving," even if you plan to give that money to a needy charity.

Oh come on. When does circumventing of paywall become stealing?

Reading proprietary content behind a paywall for free isn't stealing? What else could it possibly be?

How about "circumventing" the ticket window at your local movie theater by walking in the exit door. I mean, they are showing the movie anyway, and there are empty seats...

Re: Saudi Arabia Quietly Pumps Up Its Stock Market

#59

Good. Injustice should be really, really expensive in the 21st century. I hope the bill just keeps getting bigger for them.

Nah - They're only putting money into their own pockets by doing this. Look at it this way - you own 75% (a guess - but prob not far off) of a couple $trillion market. If you take some of your idle cash ($1billions) to pump the stock up - even if you "lose" that cash - but manage to stabilize the market - you're still doing pretty well for yourself...
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