Re:Robinhood is limiting purchases of stocks: AMC, Blackberr...
by adkadskhj on Thursday January 28, 2021 @10:59AM
(#25943893)
Yea - i'm confused on what the definition of manipulation is here.
If i tell you GME has a new product line that will increase their wealth 10x - that seems like manipulation. If i say to you i'm buying GME and you should too, with clear disclaimers that this isn't financial advice but rather a meme - i don't think i manipulated you.
By "normal" definition manipulation requires some about of deception/etc. I don't think "anyone" (within obvious reason) is being manipulated here. It's very clear what the community is buying into.
So i come back to what "manipulation" is defined as in the stock sense. Is it meaningfully different?
If i tell you GME has a new product line that will increase their wealth 10x - that seems like manipulation. If i say to you i'm buying GME and you should too, with clear disclaimers that this isn't financial advice but rather a meme - i don't think i manipulated you.
By "normal" definition manipulation requires some about of deception/etc. I don't think "anyone" (within obvious reason) is being manipulated here. It's very clear what the community is buying into.
So i come back to what "manipulation" is defined as in the stock sense. Is it meaningfully different?