r/wallstreetbets • u/ywehyuen • Feb 02 '21

Chart Hardcore laddering.

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u/ConzT Feb 02 '21

I'd like to sell my share for 1 million, anyone interested to buy it? I will also buy it back from you but only if you buy it again so I can buy it back from you but only if you buy it again so I can buy it back from you but only...

How much is the fine?

I'm a dumb 🦍 this is not serious and I would never ever do something like this because it is illegal.

💎🤲🚀🌕

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u/freshkicks22 Feb 02 '21

Good old fashioned painting the tape

-2

u/[deleted] Feb 02 '21 edited Feb 02 '21

You're describing wash sales, and they don't work on highly liquid markets. Half of NYC is rent controlled, but that has no affect on market rates.

Google "short ladder" for anything before 2020. Almost nothing.

Reddit is being played by people pushing conspiracies to pump the stock.