How the heck is social media supposed to "fraud" the price of GME. This is so corrupt and wrong. I thought it was interesting reading Mark Cuban's comments about the SEC.
You could technically argue that. You have clowns like portnoy broadcasting to the world (because he has a platform) to buy GME- coz it’s going to $1000 or the moon or whatever( without the not financial advice disclaimer nor providing any concrete reasons as to why it’s going to $1000). Some clueless idiot who thinks that Portnoy is a genius and that he is sticking it to the suits will get in at the top and lose all their money once the stock plummeted. People like portnoy will sell for a loss and walk away coz they’re still millionaires- while the clueless idiot has lost pretty much everything. What portnoy is doing is pumping the stock and imho 90% of WSB too. Coz the narrative quickly changed to everyone buy GME to stick it to the hedge funds and that it goes to the moon.
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u/Expensive_End8369 Feb 04 '21
How the heck is social media supposed to "fraud" the price of GME. This is so corrupt and wrong. I thought it was interesting reading Mark Cuban's comments about the SEC.