5 ms·

Does not include GME. Obviously they didn't want to let that make the headline go to waste..

itsoktocry 6y ago
>Does not include GME. Obviously they didn't want to let that make the headline go to waste.. What in that headline implies anything about Gamestop?
- dj_mc_merlin 6y ago
  "social media" obviously. With the heavy news coverage on WSB and GME the mind goes to that when reading the headline.
- nerbert 6y ago
  Nothing but the "suspicious social media activity" not being clearly defined would lead one to think that GME would be included in the list, GME being the focus of wsb for some time now.
- xiphias2 6y ago
  The article had GameStop in it, although SEC was doing the good thing, and stopping trades where the companies were violating securities rules.
kristopolous 6y ago
or naked, amc, sunw, blackberry, none of them. Not only but if you search reddit for these stock tickers you'll see very little other than the suspension notice. Take HLXW for instance - 1 mention in the past year. (https://old.reddit.com/search?q=HLXW&restrict_sr=&sort=relevance&t=year https://old.reddit.com/search?q=HLXW&restrict_sr=&sort=relev...) The exceptions to this are PTTN & BLSP, which both have some low vote count posts - but there's always some brigade trying to pump something on reddit, why not the 100 or so other tickers as well? PTTN and BLSP for instance, is listed amongst 'IGEN HPST GRNF IPNFF VMNT RNWF SHMN ZNOG COUV VISM CBBT BRTX ISWH TSNP ENZC PUGE ATVK BRLL NECA OPTI GMEV TTCM PMPG TSPG OZSC FORW BLSP GTLL PTTN VPER AGGI CTLE BLDV NWTT PVDG UATG MICT RSSV PPBT AKBA DSGT GRCV NAKD ACB ALPP BLSP GM TRUP' in 2 posts, what about the others? - feel free to cross-compare the list btw, I did. Those are the only 2 crossovers. A direct link to the hype post: https://old.reddit.com/user/pennystockguyz/comments/lf8zhg/hpmm_strong_buy_top_marijuana_stock_to_buy_today/ https://old.reddit.com/user/pennystockguyz/comments/lf8zhg/h... The claim of 'the latest in a string of temporary trading halts amid volatile trading in so-called “meme stocks.”' needs more information. Does the SEC have some criteria that doesn't include reddit (for instance, some scammer paying for facebook ads to unsavvy investors claiming "HLXW is the next gamestop")? The SEC in https://www.sec.gov/litigation/suspensions/2021/34-91213.pdf https://www.sec.gov/litigation/suspensions/2021/34-91213.pdf uses the words "certain social media accounts may be engaged in a coordinated attempt to artificially influence their share prices." alright, let's take it on good faith. It's not happening on reddit. Somewhere else maybe? The only thing I can find is on twitter. The political class likes to pretend people care about twitter wayy more than they actually do. If you look for say, HLXW and let's just pick PTTN https://twitter.com/search?q=HLXW%20PTTN&src=typed_query&f=live https://twitter.com/search?q=HLXW%20PTTN&src=typed_query&f=l... and scroll scroll scroll you'll see a few mentions, is that it? Things like this? https://twitter.com/AlexDelarge6553/status/1360597964171980801 https://twitter.com/AlexDelarge6553/status/13605979641719808... ... there's our IPWG, MRIB, BBDA and EVTI, we have 6 matches in that post. If this was a source, what about the others 16 in that list? Even if it's some incompetent DC person impressed by 24 retweets, it's still only a 27% crossover. Is it this And weird trading patterns? Do they have some undisclosed tripwire model with conditions (say, some X trading pattern followed by some Y "influence metric" followed by some Z pattern?). And if this exists, shouldn't there be some disclosure so that innocent investors know what to avoid and when to divest? I always check reddit before I invest to make sure there's not some hypetrain bubble behind the security. Also there's real people behind all these companies who, I assume, are just trying to do an honest job of overseeing waste management facilities or whatever these companies do. I'm sure they don't appreciate scammers playing around with their stock and getting it suspended and thus probably scaring off their actual investors. Whatever it is, this isn't the full story.
- flatline 6y ago
  I know for crypto back in 2015-2017 there were semi-private groups that would orchestrate P&D schemes for alt coins. I think "social media" is probably misused here as much if not more than "meme stock" - the internet just makes collusion that much easier.
  - dj_mc_merlin 6y ago
    No different nowadays. /biz/ runs endless P&D schemes.
  - alisonkisk 6y ago
    Orchestrating in secrets, OK; but pumping in secret??
    - threwawasy1228 6y ago
      Not secret necessarily, just spamming only niche groups on telegram and discord, not publicly spamming. I believe they think this makes it less likely they get caught whilst still covering a lot of ground. For an analysis of these private telegram groups doing pumping, see the following paper. It has an index at the end listing all the private channels they used in their analysis [0] https://www.doc.ic.ac.uk/~livshits/papers/tr/pump_and_dump_tr.pdf https://www.doc.ic.ac.uk/~livshits/papers/tr/pump_and_dump_t...
      - anonymousDan 6y ago
        Wow, really interesting, thanks for posting that.
    - pinky1417 6y ago
      In my Twitter feed a couple months ago, I saw a tweet (a promoted tweet? If they even have that and I’m remembering correctly) advertising a crypto “pumping group” on Discord. Yes, they actually referred to themselves as a “pumping group.” Not so secret in terms of getting new members!
  - 6y ago
martamorena2843 6y ago
Why would it? You can't suspend stocks because outsiders have suspicious social media behavior lol. We are not in the medieval ages, even though it sometimes seems that way. You can suspend them if insiders have suspicious social media behavior.
- dj_mc_merlin 6y ago
  I do not think it should include GME. I was pointing out the misleading headline. > You can't suspend stocks because outsiders have suspicious social media behavior lol That is exactly what is happening right now, you realize? They are suspending them because of possible P&D schemes run by outsiders to those companies.

>Does not include GME. Obviously they didn't want to let that make the headline go to waste.. What in that headline implies anything about Gamestop?

dj_mc_merlin 6y ago
"social media" obviously. With the heavy news coverage on WSB and GME the mind goes to that when reading the headline.
nerbert 6y ago
Nothing but the "suspicious social media activity" not being clearly defined would lead one to think that GME would be included in the list, GME being the focus of wsb for some time now.
xiphias2 6y ago
The article had GameStop in it, although SEC was doing the good thing, and stopping trades where the companies were violating securities rules.

kristopolous 6y ago

or naked, amc, sunw, blackberry, none of them. Not only but if you search reddit for these stock tickers you'll see very little other than the suspension notice. Take HLXW for instance - 1 mention in the past year. (https://old.reddit.com/search?q=HLXW&restrict_sr=&sort=relevance&t=year https://old.reddit.com/search?q=HLXW&restrict_sr=&sort=relev...) The exceptions to this are PTTN & BLSP, which both have some low vote count posts - but there's always some brigade trying to pump something on reddit, why not the 100 or so other tickers as well? PTTN and BLSP for instance, is listed amongst 'IGEN HPST GRNF IPNFF VMNT RNWF SHMN ZNOG COUV VISM CBBT BRTX ISWH TSNP ENZC PUGE ATVK BRLL NECA OPTI GMEV TTCM PMPG TSPG OZSC FORW BLSP GTLL PTTN VPER AGGI CTLE BLDV NWTT PVDG UATG MICT RSSV PPBT AKBA DSGT GRCV NAKD ACB ALPP BLSP GM TRUP' in 2 posts, what about the others? - feel free to cross-compare the list btw, I did. Those are the only 2 crossovers. A direct link to the hype post: https://old.reddit.com/user/pennystockguyz/comments/lf8zhg/hpmm_strong_buy_top_marijuana_stock_to_buy_today/ https://old.reddit.com/user/pennystockguyz/comments/lf8zhg/h... The claim of 'the latest in a string of temporary trading halts amid volatile trading in so-called “meme stocks.”' needs more information. Does the SEC have some criteria that doesn't include reddit (for instance, some scammer paying for facebook ads to unsavvy investors claiming "HLXW is the next gamestop")? The SEC in https://www.sec.gov/litigation/suspensions/2021/34-91213.pdf https://www.sec.gov/litigation/suspensions/2021/34-91213.pdf uses the words "certain social media accounts may be engaged in a coordinated attempt to artificially influence their share prices." alright, let's take it on good faith. It's not happening on reddit. Somewhere else maybe? The only thing I can find is on twitter. The political class likes to pretend people care about twitter wayy more than they actually do. If you look for say, HLXW and let's just pick PTTN https://twitter.com/search?q=HLXW%20PTTN&src=typed_query&f=live https://twitter.com/search?q=HLXW%20PTTN&src=typed_query&f=l... and scroll scroll scroll you'll see a few mentions, is that it? Things like this? https://twitter.com/AlexDelarge6553/status/1360597964171980801 https://twitter.com/AlexDelarge6553/status/13605979641719808... ... there's our IPWG, MRIB, BBDA and EVTI, we have 6 matches in that post. If this was a source, what about the others 16 in that list? Even if it's some incompetent DC person impressed by 24 retweets, it's still only a 27% crossover. Is it this And weird trading patterns? Do they have some undisclosed tripwire model with conditions (say, some X trading pattern followed by some Y "influence metric" followed by some Z pattern?). And if this exists, shouldn't there be some disclosure so that innocent investors know what to avoid and when to divest? I always check reddit before I invest to make sure there's not some hypetrain bubble behind the security. Also there's real people behind all these companies who, I assume, are just trying to do an honest job of overseeing waste management facilities or whatever these companies do. I'm sure they don't appreciate scammers playing around with their stock and getting it suspended and thus probably scaring off their actual investors. Whatever it is, this isn't the full story.

flatline 6y ago
I know for crypto back in 2015-2017 there were semi-private groups that would orchestrate P&D schemes for alt coins. I think "social media" is probably misused here as much if not more than "meme stock" - the internet just makes collusion that much easier.
- dj_mc_merlin 6y ago
  No different nowadays. /biz/ runs endless P&D schemes.
- alisonkisk 6y ago
  Orchestrating in secrets, OK; but pumping in secret??
  - threwawasy1228 6y ago
    Not secret necessarily, just spamming only niche groups on telegram and discord, not publicly spamming. I believe they think this makes it less likely they get caught whilst still covering a lot of ground. For an analysis of these private telegram groups doing pumping, see the following paper. It has an index at the end listing all the private channels they used in their analysis [0] https://www.doc.ic.ac.uk/~livshits/papers/tr/pump_and_dump_tr.pdf https://www.doc.ic.ac.uk/~livshits/papers/tr/pump_and_dump_t...
    - anonymousDan 6y ago
      Wow, really interesting, thanks for posting that.
  - pinky1417 6y ago
    In my Twitter feed a couple months ago, I saw a tweet (a promoted tweet? If they even have that and I’m remembering correctly) advertising a crypto “pumping group” on Discord. Yes, they actually referred to themselves as a “pumping group.” Not so secret in terms of getting new members!
- 6y ago

martamorena2843 6y ago

Why would it? You can't suspend stocks because outsiders have suspicious social media behavior lol. We are not in the medieval ages, even though it sometimes seems that way. You can suspend them if insiders have suspicious social media behavior.

dj_mc_merlin 6y ago
I do not think it should include GME. I was pointing out the misleading headline. > You can't suspend stocks because outsiders have suspicious social media behavior lol That is exactly what is happening right now, you realize? They are suspending them because of possible P&D schemes run by outsiders to those companies.