-10 upvotes, 3 direct replies (showing 3)
It's absolutely market manipulation. The issue is that one mod was acting like WSB was a centralized institution, which would be ILLEGAL.
It all comes down to how pissy the SEC gets about it. And with Elon throwing in, the answer is, "they are certainly looking".
Comment by Proletariat_Patryk at 27/01/2021 at 03:24 UTC
29 upvotes, 4 direct replies
Can it really be manipulation if nobody has lied and everything is organized in public? I am genuinely wondering about that, like when does it go from smart investing to manipulation.
Comment by 72414dreams at 27/01/2021 at 05:36 UTC
2 upvotes, 0 direct replies
Bullshit. Absolutely talking out your ass.
Comment by Neato at 27/01/2021 at 04:35 UTC
2 upvotes, 0 direct replies
They should go after Elon and probably ignore WSB. Elon did in one stupid tweet what it probably took at least a week for WSB to do. Elon would have to prove he doesn't even *know* anyone with GME stock with intent to sell.