Re:How r/WallStreetBets gamed the stock of GameStop
by washedup on Wednesday January 27, 2021 @01:21PM
(#25931778)
Exactly! It's coordination on a scale never seen. But yes, traditional P+D been around forever.
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Re:How r/WallStreetBets gamed the stock of GameStop
by BirdieNZ on Wednesday January 27, 2021 @02:53PM
(#25933048)
It's not pump and dump, though, it's a short squeeze. It's happened before, many times, with the most famous prior case being VW (https://en.wikipedia.org/wiki/Short_squeeze#Examples_of_shor...)