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> There is nothing wrong, illegal, or immoral about trying to "manipulate" the stock market unless you are committing fraud or have insider information. Market
by ashtonkem 6y ago
> There is nothing wrong, illegal, or immoral about trying to "manipulate" the stock market unless you are committing fraud or have insider information.
Market manipulation is a crime under Section 9(a)(2) of the Securities Exchange Act of 1934. There is a big difference between buying or selling because you think a stock is over or under valued, and trying to manipulate a stock price to extract money from people not in on the manipulation.
- midasuni 6y agoHedge funds do that all The time
- twic 6y agoGive us five examples of hedge funds doing this in the last year, then. SPOILER: you can't, because it isn't true. It's an incredibly popular myth, but it is just a myth.
- midasuni 6y agohttps://www.somalilandcurrent.com/2020/09/13/trafiguras-scandalous-corruptions/ https://www.somalilandcurrent.com/2020/09/13/trafiguras-scan...
- guilhas 6y agoSo you think GameStop is a solid company with a great future? And short selling completely unreasonable?