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re: DOJ To Investigate Retail Day Traders For Possible Market Manipulation

Posted on 2/12/21 at 8:54 pm to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423481 posts
Posted on 2/12/21 at 8:54 pm to
quote:

The question is prosecute who? How do you have 140% of GameStop shares shorted?

those 2 things are unrelated

if people were working together to buy shares to manipulate the price to induce others to join in, that can be interpreted as market manipulation

lots of people can be prosecuted under that theory
Posted by Strannix
District 11
Member since Dec 2012
49037 posts
Posted on 2/13/21 at 7:12 am to
quote:

if people were working together to buy shares to manipulate the price to induce others to join in, that can be interpreted as market manipulation


Yes and billionaire hedge fund managers working together to short and dump shares to manipulate the price is kosher

You get dumber over time
Posted by nuwaydawg
Member since Nov 2007
1929 posts
Posted on 2/13/21 at 6:12 pm to
quote:

if people were working together to buy shares to manipulate the price to induce others to join in, that can be interpreted as market manipulation

lots of people can be prosecuted under that theory


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