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

Re:Class Action Lawsuit Filed Against Robinhood by d1sxeyes on Thursday January 28, 2021 @06:04PM (#25950812)
> a scheme to manipulate the price or availability of stock in order to cause a short squeeze is illegal.

The question I think would rotate around whether this is 'a scheme to manipulate', or simply identifying an opportunity to capitalise on Melvin's greedy position.

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Re:Class Action Lawsuit Filed Against Robinhood by unityByFreedom on Thursday January 28, 2021 @07:17PM (#25951601)
> capitalise on Melvin's greedy position

Oh please. As if whoever has their thumb on the social media scale isn't greedy. Greed runs the street in longs and shorts. You can invest modestly by diversifying and avoid all that.

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Re:Class Action Lawsuit Filed Against Robinhood by d1sxeyes on Friday January 29, 2021 @03:45AM (#25955359)
Of course. But the point I'm making is that in my opinion, the demand is being generated by Melvin themselves by having a position with so much risk, it's not artificial demand.
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