Explain this to me

[vanzandt]

https://www.investopedia.com/terms/p/pumpanddump.asp

If someone can get you to buy a stock based on false or misleading information and if it can be proven in court that was why you made the purchase...then yes, that person could be charged with operating a pump and dump scheme. Nowhere in my post did I recommend buying GME.

You're pumping GME?
What are you nuts?

 

[tsznecki]

I recommend buying GME.

What? Buy GME? Ok I will!

You have just outed yourself as a retard.

Hey SEC, this guy @ET180 right here. #Manipulation

 

[johnnyrock]

https://www.cnet.com/news/teen-settles-in-online-stock-fraud-case/

What that kid did seems like less of a crime than what is going on with wallstreetbets. He was a lone actor posting false information.

 

[deaddog]

https://www.cnet.com/news/teen-settles-in-online-stock-fraud-case/

What that kid did seems like less of a crime than what is going on with wallstreetbets. He was a lone actor posting false information.

Hell that's 20 years ago.

 

[johnnyrock]

Hell that's 20 years ago.

Yep. But the precedent was set. You can't manipulate stocks on the internet. What makes this worse is open collusion. RICO. SEC. It will be interesting to see if they go after them or not.