KevonLooney
You are using big words to try to sound smart, without understanding the specific details of the situation. There’s more than one group of “rich people” trading in the early market. Some are buying and others are selling. They are just moving money back and forth within the same “class” (as you understand it).
The other guy is wrong because in a situation like this there are very few buyers in the early market. He focuses only on the “rich” buyers and ignores the larger group of “rich” sellers trying to get rid of their shares. It’s much more likely that most “rich” sellers waited until the market opened because they didn’t want to sell while it was thinly traded.
So if you care about “classes”, the “rich” generally lost money because the company they already own went down in value. Maybe a few people bought at the bottom and sold when it went higher, but that was neither a large percent of “rich” investors nor a guaranteed return.
I’m explaining it to you because the other comment has a low level understanding of the specifics, while you admit you don’t understand. It’s more dangerous to think you understand something than to know your limits. I can trade in early / late markets but don’t because they have no one else there. The market has few other participants and that makes it too choppy.
They were the same people. And no, I meant the white abolitionists. They lived publicly in the North and South, but didn’t reveal their identities.
https://www.historynet.com/how-many-abolitionists-were-there/
And your source for that is? Abolitionists were inherently secretive, due to the nature of their work freeing slaves. It’s impossible to know their exact numbers, as no one would admit to it even after the war.
So any source you might find is just guessing as to their numbers.
DuBois also described Northern Liberals like this:
they say, I know an excellent colored man in my town; or, I fought at Mechanicsville; or, Do not these Southern outrages make your blood boil?
https://www.gutenberg.org/cache/epub/408/pg408-images.html
They’re just pretending to have hated slavery all along. The South fought for slavery but the North didn’t fight against it. The North fought because they wanted to “preserve the Union”. They didn’t really care about slavery, or black people.
Ehh… it’s more like Trump called up someone and said “maybe it was an attack on me” and they repeated it like a good pet.
For as stupid as trump is, he knows you can just bribe or threaten some people into doing what benefits you. Top “conspiracy theorists” are probably very cheap to bribe.