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> a scheme to manipulate the price or availability of stock in order to cause a short squeeze is illegal. The question I think would rotate around whether this
by d1sxeyes 6y ago
> a scheme to manipulate the price or availability of stock in order to cause a short squeeze is illegal.
The question I think would rotate around whether this is 'a scheme to manipulate', or simply identifying an opportunity to capitalise on Melvin's greedy position.
- unityByFreedom 6y ago> capitalise on Melvin's greedy position Oh please. As if whoever has their thumb on the social media scale isn't greedy. Greed runs the street in longs and shorts. You can invest modestly by diversifying and avoid all that.
- d1sxeyes 6y agoOf course. But the point I'm making is that in my opinion, the demand is being generated by Melvin themselves by having a position with so much risk, it's not artificial demand.