Meet the "guys" destroying your favorite stocks

Dear TheoTrader,

This is going to sound a little, shall we say, “down the rabbit hole”…

“Machines run everything about stocks. Humans don’t matter anymore. Algorithms are completely running the table on this stock. When it goes up, they buy. When it goes down, they sell. You can see them right here, clear as day, targeting the stops other traders have and wiping them out. The machines are eating their ******** lunch is what they’re doing.”

Professor Jeff Bierman said this as he was showing me the completely baffling price action on a really popular stock tens of millions of people hold.

I didn’t believe him at first but after a couple of minutes watching the chart, you could see the algorithms just absolutely destroying the stock.

In a way, the machines were destroying the wealth of the people who owned it. It’s pretty chilling when you get down to it.

So Bierman and I decided to get up and do something about it. He asked me to publish him whenever he saw the algorithms hitting important stocks… and taking regular human investors off the field.

Let’s talk soon.

Don Kaufman
Co-Founder, TheoTrade