"Pump and Dump Schemes
In a pump and dump scheme, fraudsters typically spread false or misleading information to create a buying frenzy that will “pump” up the price of a stock and then “dump” shares of the stock by selling their own shares at the inflated price. Once the fraudsters dump their shares and stop hyping the stock, the stock price typically falls and investors lose money.
False or misleading information about a company’s stock price may be spread through sources including social media, investment research websites, investment newsletters, online advertisements, email, Internet chat rooms, direct mail, newspapers, magazines, and radio. Microcap companies are particularly vulnerable to pump and dump schemes because there is often limited publicly-available information about microcap companies."
And nothing that has happened with WSB even remotely approaches a pump and dump. The WSB people aren’t causing the price to run, it’s the fuck tards that shorted the shit out of gme being forced to buy more stock to cover the shorts.
Yes but they forced to buy because of people doing what the SEC will call a pump and dump. If they did not have people saying buy this to hurt the hedge fund the price would have gone down so it did inflated price about any stuff you say can inflated price so when you talk in a big open forum like that about stock you have to be very careful to not recommend any, but just talk about what your doing and even that is walking a very thin line.
You see in the coming weeks the SEC will be arresting the most vocal people pushing this who made money. They be charge with a lot of crimes pump and dump money laundering so on.
Yup that is fine, but other are dumb and went over the line. They be arrest and made a big example out of them. They be a few who where posting about it at the start and made a ton will be the targets.
The SEC is just going to start to arrest people involved with this that had any post at all saying buy GME in any way for a pump and dump.
Let them try. Clearly a first amendment violation.
Like the government cares about that lol
"Pump and Dump Schemes In a pump and dump scheme, fraudsters typically spread false or misleading information to create a buying frenzy that will “pump” up the price of a stock and then “dump” shares of the stock by selling their own shares at the inflated price. Once the fraudsters dump their shares and stop hyping the stock, the stock price typically falls and investors lose money. False or misleading information about a company’s stock price may be spread through sources including social media, investment research websites, investment newsletters, online advertisements, email, Internet chat rooms, direct mail, newspapers, magazines, and radio. Microcap companies are particularly vulnerable to pump and dump schemes because there is often limited publicly-available information about microcap companies."
https://www.investor.gov/introduction-investing/investing-basics/glossary/pump-and-dump-schemes
And nothing that has happened with WSB even remotely approaches a pump and dump. The WSB people aren’t causing the price to run, it’s the fuck tards that shorted the shit out of gme being forced to buy more stock to cover the shorts.
Yes but they forced to buy because of people doing what the SEC will call a pump and dump. If they did not have people saying buy this to hurt the hedge fund the price would have gone down so it did inflated price about any stuff you say can inflated price so when you talk in a big open forum like that about stock you have to be very careful to not recommend any, but just talk about what your doing and even that is walking a very thin line.
You see in the coming weeks the SEC will be arresting the most vocal people pushing this who made money. They be charge with a lot of crimes pump and dump money laundering so on.
That's why everyone on reddit is simply saying "I like Gamestop!"
“Blue Horseshoe loves GameStop”
"Water main break in georgia."
That made me lol. Take an upvote.
Yup that is fine, but other are dumb and went over the line. They be arrest and made a big example out of them. They be a few who where posting about it at the start and made a ton will be the targets.