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How on earth isn’t this blatant stock manipulation at this point.

tempaway355751 2y ago
He's just posting his position, didn't say a word, its just a screenshot of a spreadsheet. The surge is happening because now everyone knows that (amazingly) he didn't cash out 4 years ago and instead increased his position x5
- hooloovoo_zoo 2y ago
  Not accurate. He bought a bunch of calls and then started posting as reported by wsj. https://www.wsj.com/finance/regulation/e-trade-considers-kicking-meme-stock-leader-keith-gill-off-platform-f2003ec4?mod=mhp https://www.wsj.com/finance/regulation/e-trade-considers-kic...
- echoangle 2y ago
  How does not saying a word mean it’s not market manipulation? That’s not a requirement, you can manipulate the market just fine just posting images if you’re the right person
  - JSDevOps 2y ago
    Exactly, The mere fact he is posting is showing clear intent to manipulate the market.
- shitpostbot 2y ago
  [dead]
SlightlyLeftPad 2y ago
Just as one example, given that Elon has blatantly lied about capabilities of Tesla to deliver promises. I think it’s adequately clear to everyone at this point that nobody cares.
more_corn 2y ago
It is
morbicer 2y ago
As someone not from US what's the difference between this and Jim Cramer? The fact that his advises are shit? I don't want to be combative, I really want to understand the laws and logic behind this.
- floor2 2y ago
  Intent matters. A doctor prescribing you drug X because they think it's the best treatment for you is different than a doctor prescribing drug X because they get a kickback for doing so or have a lot of stock in the company. A car crash because a driver made an honest mistake is different from a road raging driver intentionally ramming another car. The difference between first degree murder, 2nd degree, manslaughter etc mostly comes down to intent and planning. A person writing about a stock for Bloomberg because Bloomberg pays their salary to do stock analysis is different from a person buying call options and then pumping the stock so they can profit from the buying behavior of the people they manipulated. And of course, all of these are full of subjective assessments. Most people looking at the "meme stocks" and corresponding subreddits, discords, tweets etc are going to come to the conclusion that there is intentional manipulation happening. But maybe somebody with autism or who speaks English as as second language or comes from a very different cultural context wouldn't be able to differentiate, and would come to a different subjective understanding.

He's just posting his position, didn't say a word, its just a screenshot of a spreadsheet. The surge is happening because now everyone knows that (amazingly) he didn't cash out 4 years ago and instead increased his position x5

hooloovoo_zoo 2y ago
Not accurate. He bought a bunch of calls and then started posting as reported by wsj. https://www.wsj.com/finance/regulation/e-trade-considers-kicking-meme-stock-leader-keith-gill-off-platform-f2003ec4?mod=mhp https://www.wsj.com/finance/regulation/e-trade-considers-kic...
echoangle 2y ago
How does not saying a word mean it’s not market manipulation? That’s not a requirement, you can manipulate the market just fine just posting images if you’re the right person
- JSDevOps 2y ago
  Exactly, The mere fact he is posting is showing clear intent to manipulate the market.
shitpostbot 2y ago
[dead]

SlightlyLeftPad 2y ago

Just as one example, given that Elon has blatantly lied about capabilities of Tesla to deliver promises. I think it’s adequately clear to everyone at this point that nobody cares.

more_corn 2y ago

It is

morbicer 2y ago

As someone not from US what's the difference between this and Jim Cramer? The fact that his advises are shit? I don't want to be combative, I really want to understand the laws and logic behind this.

floor2 2y ago
Intent matters. A doctor prescribing you drug X because they think it's the best treatment for you is different than a doctor prescribing drug X because they get a kickback for doing so or have a lot of stock in the company. A car crash because a driver made an honest mistake is different from a road raging driver intentionally ramming another car. The difference between first degree murder, 2nd degree, manslaughter etc mostly comes down to intent and planning. A person writing about a stock for Bloomberg because Bloomberg pays their salary to do stock analysis is different from a person buying call options and then pumping the stock so they can profit from the buying behavior of the people they manipulated. And of course, all of these are full of subjective assessments. Most people looking at the "meme stocks" and corresponding subreddits, discords, tweets etc are going to come to the conclusion that there is intentional manipulation happening. But maybe somebody with autism or who speaks English as as second language or comes from a very different cultural context wouldn't be able to differentiate, and would come to a different subjective understanding.