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Interesting.. WSB was 100% orchestrating a short squeeze. They were telling anyone who would listen and in fact using it to rationalize what they were doing..
by Rapzid 6y ago
Interesting.. WSB was 100% orchestrating a short squeeze. They were telling anyone who would listen and in fact using it to rationalize what they were doing..
- jaywalk 6y agoscheme (verb): make plans, especially in a devious way or with intent to do something illegal or wrong. Discussing buying stock on a public forum is certainly not devious, and although the goal is to cause short positions to lose a bunch of money I would argue that it's neither illegal nor wrong.
- jeffbee 6y agoYou could argue that but you’d be clearly wrong on American law and jurisprudence. If the goal is to cause other market participants to lose, that it specifically against the letter of the law.