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A comment on Discord bans r/WallStreetBets server, subreddit went private for a while. Parent comment

Re:Discord bans r/WallStreetBets server, subreddit went priv... by koolba on Wednesday January 27, 2021 @07:06PM (#25936049)
Acting alone it’s not inherently illegal. Real question is whether pooling your strength (ie assets) with others to force a squeeze is illegal collusion and market manipulation.
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Re:Discord bans r/WallStreetBets server, subreddit went priv... by epistasis on Wednesday January 27, 2021 @07:29PM (#25936379)
In particular, it's hard to see a short squeeze as market manipulation, which is why nobody has been penalized for it.

What is a hedge fund except more explicit coordination of many people's money on a much greater scale? The classic example of Porsche's squeeze on VW stock was Porsche's management coordinating many people's pooled assets.

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