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A comment on Class Action Lawsuit Filed Against Robinhood. Parent comment

Re:Class Action Lawsuit Filed Against Robinhood by xmodem on Thursday January 28, 2021 @05:59PM (#25950755)
very interesting link, thank you. The exact language is

> Although some short squeezes may occur naturally in the market, a scheme to manipulate the price or availability of stock in order to cause a short squeeze is illegal.

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Re:Class Action Lawsuit Filed Against Robinhood by scythe on Thursday January 28, 2021 @06:18PM (#25950937)
It seems like the key question is what qualifies as a scheme. To me, it seems like you need some kind of secrecy or deception.

Also, can you use Clojure to cause a short squeeze, or... [ducks]

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Re:Class Action Lawsuit Filed Against Robinhood by sudosysgen on Thursday January 28, 2021 @06:54PM (#25951288)
Indeed. It was all done out in the open. Someone said "if enough people buy and hold, there will be a short squeeze. For this reason, I'm long GME", which probably doesn't represent a scheme or manipulation, it's just simple facts.
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