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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 ballenf on Thursday January 28, 2021 @07:49AM (#25941126)
I just don't get how WSB is engaging in market manipulation more than the 136% shorts were.
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Re:Discord bans r/WallStreetBets server, subreddit went priv... by argonaut on Thursday January 28, 2021 @08:05AM (#25941247)
Shorting a stock because you genuinely believe the company is crap is not market manipulation.

To be clear, market manipulation is very vague and very broad, and from what I've read the SEC is only going after you if there was fraud or lying involved. Most of WSB's activity is not illegal market manipulation.

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Re:Discord bans r/WallStreetBets server, subreddit went priv... by thr0waway2 on Thursday January 28, 2021 @08:24AM (#25941430)
Trading (or posting) to cause impact and affect other positions you have is manipulation too. But it's not really provable in the case of WSB so they're safe.

P.S. not legal advice

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Re:Discord bans r/WallStreetBets server, subreddit went priv... by fractionalhare on Thursday January 28, 2021 @08:21AM (#25941393)
It is not market manipulation for short interest to rise above 100%. It doesn't require anything nefarious. No collusion between institutional investors required either.
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Re:Discord bans r/WallStreetBets server, subreddit went priv... by ballenf on Thursday January 28, 2021 @08:37AM (#25941552)
I agree that neither group manipulated the market.

I referenced the % just as a convenient label for that group of market participants.

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