2 ms·
True, but if they sell a massive position and the stock tanks, and a bunch of little guys are left to hold the bag, I could see the SEC definitely investigating
by jermaustin1 6y ago
True, but if they sell a massive position and the stock tanks, and a bunch of little guys are left to hold the bag, I could see the SEC definitely investigating it as a pump and dump.
- monadic3 6y agoMight as well try to hold water in a sieve. What are they gonna do, charge tens of thousands of people?
- vetinari 6y agoIf the bunch of the little guys invested each just few hundred, it is not that a big loss. So if they end up holding the bag, it will be distributed among big crowd, where each member would be missing just a little. Of course, if someone went above that and invested an amount, where losing it would hurt, that's different.