There’s nothing illegal about buying a stock, or even voicing your opinion about a stock.

If only value investing was legal, the stock market look and operate very differently to today.

Edited to add: ultimately the law should be there to prevent fraud, not to restrict capital ownership and financial autonomy to a handful of cronies. You know, what they call a free market.

Incidentally, if this had been a properly regulated market to begin with, the price inflation would not have been possible.