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Started By
Message
re: DOJ To Investigate Retail Day Traders For Possible Market Manipulation
Posted on 2/13/21 at 8:18 am to Strannix
Posted on 2/13/21 at 8:18 am to Strannix
quote:
Hey XYZ is a good buy because its impossibly over shorted, which was true, accurate, public information.
but the issue is many didn't stop there. there was a group element and coordination involved that was communicated as the plan. you can't deny this
"it's shorted 140%. if we all buy, there won't be shares for them to exchange" is getting close but it's almost assured MM if the plan involves getting others to join in with those coordinating...which the WSB short squeeze required. that's the problem these retail movements will always have, because the only way they can affect the market is to coordinate and get people to join in as a collective, which is specifically what the regulatory framework is against
Posted on 2/13/21 at 8:29 am to SlowFlowPro
quote:
collective, which is specifically what the regulatory framework is against
Which is precisely what any "fund" is
quote:
because the only way they can affect the market
Yes its WSB fault not the 140% short interest, if anything comes out of this it should be any share can only be shorted once before the position is closed and returned.
This post was edited on 2/13/21 at 8:31 am
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