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If I post "Hey I think there is unrecognized value in this stock and I've bought the stock and a bunch of weekly calls. Here's an image of my account holdings.
by jdhzzz 6y ago
If I post "Hey I think there is unrecognized value in this stock and I've bought the stock and a bunch of weekly calls. Here's an image of my account holdings." is that market manipulation? If I go on my youtube channel and explain my reasoning is that market manipulation?
In both cases I guess you could say "Yes." and I might agree, but I do not believe it rises to the level of illegality.
I could see the SEC looking at this, deciding that it represents collusion and should not be allowed and clawing back the "ill gotten" gains.
Blockchain based settlement anyone?