Re:The Battle of GameStop
by nico_h on Tuesday January 26, 2021 @10:14AM
(#25916632)
I mean it's just a small forum, can they really have the same amount of influence on the market than a hedge fund or a market maker? What does the SEC care about a bunch of trolls on the internet?
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Coordinating with the goal of market manipulation (basically buy/sell/short/pump-and-dump/etc cartels or other) is illegal as far as I know. Hence why the guys who made a lot of money on the negative oil trades are staying very quiet.