You can only consider it a “pump-and-dump” if the individuals doing the “pumping” buy in at a low price and “dump” at a high price. I too doubt this will end w

You can only consider it a “pump-and-dump” if the individuals doing the “pumping” buy in at a low price and “dump” at a high price. I too doubt this will end well for the people pouring money in at high prices but no one seems to have trouble with the legality of gambling so I don’t see how this is any different. If Gamestop issues shares at these elevated prices and successfully uses this money to pay down debt and pivot it could end up a good long term investment. I think the bigger question is “Is allowing market participants the ability to drive down the price of a share using leverage or no capital at all a good thing for the stock market and economy as a whole?”