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A comment on GameStop appoints chief technology officer and two additional executive hires. Parent comment

Re:GameStop appoints chief technology officer and two additi... by syrgian on Wednesday February 03, 2021 @11:53AM (#26015618)
Pump and dump is fraud. https://en.wikipedia.org/wiki/Pump_and_dump But the effort was distributed and hard to track and prove, so the scammers that knew what they were doing are most likely safe.
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Re:GameStop appoints chief technology officer and two additi... by TheHypnotist on Wednesday February 03, 2021 @12:17PM (#26016022)
Except there is a difference between a pump and dump and a short squeeze. No one is listening to the fundamentals, it doesn't matter.

I think you'd be hard pressed to make that argument on either side.

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Re:GameStop appoints chief technology officer and two additi... by high_density on Wednesday February 03, 2021 @11:58AM (#26015721)
yes agreed. it's not crime by law... but it's like using uncovered parts of the law to swindle people.

Though it'll be really difficult to make a law preventing this without hurting beneficial actions.

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