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> What WSB crowd is doing is market manipulation. Shorting GME more than number stocks exist is not market manipulation? HFT isn't? Bailing out greed isn't? W

> What WSB crowd is doing is market manipulation. Shorting GME more than number stocks exist is not market manipulation? HFT isn't? Bailing out greed isn't? Why is this notion of market manipulation such a narrow one-way street?

tartoran 6y ago
And they stop the manipulation by more manipulation? Why isn’t the trade blocked entirely for those stocks? Having the ability to sell seems like an inviting open door towards a specific outcome. I closed my RH account today
- llampx 6y ago
  Exactly. Good on you. I am with Tastyworks and IB, but IB seems to be playing shenanigans with GME today as well.
- ignoramous 6y ago
  > And they stop the manipulation by more manipulation? Moving the goal-posts here, but yes, this ought to be the catalyst to do just that. Changes to regulations may yet happen (not that I agree with it); kind of seems inevitable at this point.
Tenoke 6y ago
>Shorting GME more than number stocks exist is not market manipulation? No, it's just a risky play (as long as not naked) that can blow up and that's fine. >HFT isn't? No, HFT provides a service, like it or not. You might think the service isnt worth it but it's not market manipulation. >Bailing out greed isn't? That one usually isn't (most bailouts are other private actors' loans) but yes, I guess it can be if it allows actors to make risky plays without having real risk. That said, what WSB is doing here isn't market manipulation either.
commandlinefan 6y ago
> such a one way street? It's not, though - rich people get in trouble for this all the time. Bernie Madoff is going to die in prison for running a finance scam. Enough people were convicted of insider trading in the 80's that they made a movie about it - and the movie was just called "Wall Street". None of this is new.
- andrepd 6y ago
  > It's not, though - rich people get in trouble for this all the time. This has to be a joke.
nabla9 6y ago
Peasants suspected their king was getting away with raping villagers. Peasants came together and decided to show the king. They started to rape each other in the broad daylight. When the town sheriff intervened, they cried out foul, "Why is the notion of rape such a one way street?" When the dust finally settled and anuses stopped bleeding, they discovered that they were coaxed to rape each other by Kings son who disguised himself as a commoner in the village subreddit. What made it worse was that King's son was involved in raping during the rape fest but somehow avoided getting raped himself.
- ignoramous 6y ago
  > What made it worse was that King's son was involved in raping during the rape fest but somehow avoided getting raped himself. Let's see if that's how this plays out. Also, ignoring the fact that whilst the peasants are merely slapping each other on their wrists, they're really in fact looking to take the King who doesn't jive like them, to the guillotines.

tartoran 6y ago

And they stop the manipulation by more manipulation? Why isn’t the trade blocked entirely for those stocks? Having the ability to sell seems like an inviting open door towards a specific outcome. I closed my RH account today

llampx 6y ago
Exactly. Good on you. I am with Tastyworks and IB, but IB seems to be playing shenanigans with GME today as well.
ignoramous 6y ago
> And they stop the manipulation by more manipulation? Moving the goal-posts here, but yes, this ought to be the catalyst to do just that. Changes to regulations may yet happen (not that I agree with it); kind of seems inevitable at this point.

Tenoke 6y ago

>Shorting GME more than number stocks exist is not market manipulation? No, it's just a risky play (as long as not naked) that can blow up and that's fine. >HFT isn't? No, HFT provides a service, like it or not. You might think the service isnt worth it but it's not market manipulation. >Bailing out greed isn't? That one usually isn't (most bailouts are other private actors' loans) but yes, I guess it can be if it allows actors to make risky plays without having real risk. That said, what WSB is doing here isn't market manipulation either.

commandlinefan 6y ago

> such a one way street? It's not, though - rich people get in trouble for this all the time. Bernie Madoff is going to die in prison for running a finance scam. Enough people were convicted of insider trading in the 80's that they made a movie about it - and the movie was just called "Wall Street". None of this is new.

andrepd 6y ago
> It's not, though - rich people get in trouble for this all the time. This has to be a joke.

nabla9 6y ago

Peasants suspected their king was getting away with raping villagers. Peasants came together and decided to show the king. They started to rape each other in the broad daylight. When the town sheriff intervened, they cried out foul, "Why is the notion of rape such a one way street?" When the dust finally settled and anuses stopped bleeding, they discovered that they were coaxed to rape each other by Kings son who disguised himself as a commoner in the village subreddit. What made it worse was that King's son was involved in raping during the rape fest but somehow avoided getting raped himself.

ignoramous 6y ago
> What made it worse was that King's son was involved in raping during the rape fest but somehow avoided getting raped himself. Let's see if that's how this plays out. Also, ignoring the fact that whilst the peasants are merely slapping each other on their wrists, they're really in fact looking to take the King who doesn't jive like them, to the guillotines.