IF you want radical transparency, then we should find out whether people on WallStreetBets are selling while they encourage others to buy or hold. That's radical transparency. |
Using the “conspiracy theory” bugaboo word is going to become an increasingly annoying part of political discourse.
Might as well just own it and call what Wall Street and DC insiders have done to working class people a conspiracy so we can skip past that boring trick. |
Trump's campaign acted unethically with respect to Russia. That was verified by the investigations. Some call that "collusion." The investigations didn't show criminal level conspiracy, but it certainly showed enough to show "collusion," which is not precisely defined in any legal sense. |
No need. I'm 99.9999999% certain that some did this. Certainly not illegal or even an abuse of power. |
Until people understand the difference between a conspiracy theory and actual evidence of a conspiracy, we will keep talking about it. |
It is certainly illegal. It's securities fraud. |
... What Is Pump-and-Dump? Pump-and-dump is a scheme that attempts to boost the price of a stock through recommendations based on false, misleading, or greatly exaggerated statements. The perpetrators of this scheme already have an established position in the company's stock and sell their positions after the hype has led to a higher share price. This practice is illegal based on securities law and can lead to heavy fines. https://www.investopedia.com/terms/p/pumpanddump.asp |
Encouraging others to buy stock that you are selling isn't securities fraud. |
Yeah, selectively at your whim. Which gets us nowhere. It’s a nebulous term. Of course if someone points out your hypocrisy, you will find ways to justify or rationalize your selective application of the term. Boring. |
Not the direct PP you are responding to, but I support WSB being investigated. I don't think there is anything to see because I have seen several threads on WSB where they are informing people that they are placing limit orders to sell at various intervals. They were selling. It is well known on WSB that the guy who bought in at $4 has sold some of his shares and cashed out millions already. |
Lol. You can see for yourself. 100s of thousands of shares still have a sell limit over $500. Deepeffingvalue, the guy who discovered the short, posts his holdings every day. He was still in last night. |
Well we have to stop pretending there is no truth anymore. Even if it bores you. |
Oh yes, that might actually be real. Or fake. Or only one of his accounts. |
Yes, it actually is. https://www.investopedia.com/terms/p/pumpanddump.asp |
Too funny. Their statements about a gamma and now short squeeze were neither false nor misleading nor exaggerated. A random middle class dad from Boston had a good trading idea. That's it. There's not some giant conspiracy. Comet has no basement. |