@Agent641 to Mildly InfuriatingEnglish • 11 months agoReddit literally shilling their own stonks to users in direct message, reveals that CEO gets paid $193 million last yearimagemessage-square113arrow-up1930arrow-down132
arrow-up1898arrow-down1imageReddit literally shilling their own stonks to users in direct message, reveals that CEO gets paid $193 million last year@Agent641 to Mildly InfuriatingEnglish • 11 months agomessage-square113
minus-square@[email protected]linkfedilinkEnglish1•11 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-square@KoalaUnknownlinkEnglish2•11 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.
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.
That’s exactly how people in the US trade also!
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.