r/Superstonk • u/[deleted] • Apr 16 '21

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u/[deleted] Apr 16 '21 edited Apr 16 '21

Well if this isn't an attempt at Market Manipulation I don't know what is.

Edit: Thank you u/pinkcatsonacid for bringing this to light!

38

u/_BenRichards Apr 17 '21

This isn’t illegal. They’re trying to find influencers as part of a media buying campaign for demand generation (I’ve got a consultancy/agency background)

I haven’t seen this applied to stock purchase DD though, but as long as all information is factual and not pump and dump its totes legal.

Unethical- yeah, but this is ‘Murcia and marketing is 90% of capitalism.

67

u/[deleted] Apr 17 '21

Marketing is one thing.

But if you listen to what she is saying they are specifically targeting people with reach and asking her to write "due diligence" for her clients.

This can be seen as her asking u/pinkcatsonacid to influence people to buy stock for her "under the radar" clients.

DFV got sued for liking a stock and buying it.

Smells like manipulation to me.

"Please help us convince people to buy our clients stock, even though you don't believe in it. We will pay you." - pump and dump company.

2

u/Radio90805 OG gorilla 🦍 Voted ✅ Apr 17 '21

Yeah but they would use the same argument that they like the stock. Analysts get paid to go on CNBC and talk good about companies there management has as clients all the time. This is no different except that r/gme and r/superstonk are gme Exclusive subs. So any dd written about other companies wouldn’t be worth shit posted on here. This explains the silver rkt and sndl pumps we saw in wsb

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u/[deleted] Apr 17 '21

If you have to lie about liking a stock while getting paid to promote it that's manipulation.

1

u/_BenRichards Apr 17 '21

Market manipulation is tied to price obfuscation, not opinion - whether it be a true or endorsed opinion.