It's market manipulation and it's illegal. The mechanics behind it are technically not illegal, but I bet you they will be if this continues, and very quickly.
I am not saying it's insider trading, it looks like intentional manipulation. Not ethical, and I'm sure not legal. But apparently our community is turning into leftists by supporting this, so maybe I need to look to join another community.
Wait, so are you it’s illegal or unethical? If it’s unethical, who gives a shit. I’m not aware of any law they’re breaking but coordinating their buys/sells.
It's market manipulation and it's illegal. The mechanics behind it are technically not illegal, but I bet you they will be if this continues, and very quickly.
coordinated buying does not equal insider trading.
I am not saying it's insider trading, it looks like intentional manipulation. Not ethical, and I'm sure not legal. But apparently our community is turning into leftists by supporting this, so maybe I need to look to join another community.
Wait, so are you it’s illegal or unethical? If it’s unethical, who gives a shit. I’m not aware of any law they’re breaking but coordinating their buys/sells.