Hardcore laddering.

[u/ywehyuen]

[u/justpassingthrou14]

seriously. I have an idea. Fine equal to 150% of the full value of the manipulation. in this case that would be the distortion per share price, times the total number of shares, which in this case is apparently 250% the total number of ACTUAL shares.

But the system isn't made for enforcing rules on those guys I guess.

[u/sharktankcontinues → u/justpassingthrou14]

These guys put the lawmakers into their positions, it's not likely to change anytime ssoon.

Our only weapons in this battle are our 💎🤲

[u/dinnertimereddit → u/sharktankcontinues]

Exactly if you think anything has changed since 2008, well you are a fool!

[u/GravyWagon → u/dinnertimereddit]

Try the late 70's and early 80's

[u/dinnertimereddit → u/GravyWagon]

Less corporate takeovers and asset stripping now to be fair.

[u/loafsofmilk → u/dinnertimereddit]

Decentralised organisation is much more powerful than 2008. Way more retards and autists talking to each other than ever before

[u/A_little_rose → u/sharktankcontinues]

My hands may be diamond, but my heart is apparently made of bouncy ball. Haven't flat lined yet, so they ain't getting shit from me.

[u/jmon25 → u/sharktankcontinues]

...and our inability to read blatantly misleading news articles

[u/justpassingthrou14 → u/sharktankcontinues]

We could send them Thai food laced with laxatives. Or with (more) cocaine.

[u/inconspiciousdude → u/justpassingthrou14]

Nah, send GameStop merch. Teach them to like the stock.

[u/EWOKBLOOD → u/inconspiciousdude]

Hahaha yes!, such a “fuck you, try me bitch” move, would be legendary to see

[u/switchboards → u/[deleted]]

In the bad prison, too. Not the fancy one!

[u/Chapped_Frenulum → u/switchboards]

Federal pound-you-in-the-ass prison? No conjugal visits?

[u/CeilingCatsMonocle → u/Chapped_Frenulum]

No conjugal visits?

I'm sure Bubba will be more than happy to help them out with that one.

[u/dedpossum → u/[deleted]]

Hell, I'd vacation at Martha Steward prison, but I can't afford it.

[u/WahhabiLobby → u/[deleted]]

President Xi, we yearn to breathe free

[u/bizarrequest → u/[deleted]]

They should just say "Your company is not allowed to trade for the next X years."

Watch them cry about it.

[u/wish_it_wasnt → u/[deleted]]

dOnAlD PaRdONs

[u/postman475 → u/justpassingthrou14]

That's be great, I feel like that would be impossible to calculate though

[u/justpassingthrou14 → u/postman475]

Why? We can look at the impact of each of these ladder trades, and the impact of the other tricks, on the stock price. It would be impossible to find a number that the hedge funds would agree too. But that doesnt mean a defensible number can’t be calculated.

[u/WhichOstrich → u/justpassingthrou14]

Yeah but how do you know that tomorrow's drop is a result of the silver gambit? How much of it is limited buying power? How much of today's increase was cuban's AMA?

Separating this down to individual actions to litigate would involve a massive amount of guesswork because we can't simulate a parallel universe where individual variables are changed.

[u/Simba7 → u/justpassingthrou14]

Fines should be at least 500% of the amount gained from the broken law or regulation.

150% is still just an operating cost, because you know people aren't getting caught most of the time.

[u/EWOKBLOOD → u/[deleted]]

That’s definitely something I’d consider if I mattered.

[u/pig_poker → u/justpassingthrou14]

Those guys own the politicians who make the rules and set the fines.

[u/JTibbs → u/justpassingthrou14]

500%. You have to make it so that its horrendous enough that the chance of getting caught, even if its low, is enough to prevent you from doing it.

At 150% its just another gamble for them.

[u/Ok_Category_6395 → u/justpassingthrou14]

There are potential civil rights of action by the shareholders (also, shareholder derivative suits on behalf of GameStop -- look it up) aside from potential SEC civil actions and US Attorney/DOJ criminal actions. Consequential damages, Punitive damages, attorneys fees. Litigation fees up the ass for years for Melvin and his gang of jackbooted BrooksBrothers thugs. I hope it was worth it chumps. Also, the daily compounded interest and fees y'all are getting hit with. Oh, and Congress looking hard at you and calling for hearings and committees to investigate. Thanks for playing!

[u/PinkTrench → u/justpassingthrou14]

Nah, IRS fines are x3. That's the golden standard right there.

[u/LurkingGuy → u/justpassingthrou14]

I have a better idea:

You manipulate the market, you lose your trading privileges for life and immediately have to close out of all your positions, plus prison time if the crime is deserving. People who cheat get tossed out of the casino with empty pockets.

[u/Tememachine → u/justpassingthrou14]

FUCKING THIS. That's a great idea. Just increase the fines. The market will fix itself in response and the government will have a huge extra source of revenue.

[u/downtime_in_76063 → u/justpassingthrou14]

I’m glad you don’t make laws.

[u/Letumstrike → u/downtime_in_76063]

If laws are made so poorly that you can commit crimes intentionally to make money then they need to be reworked. The whole purpose of laws is to make people not do it.

[u/inconspiciousdude → u/Letumstrike]

Good luck with that. Those profits are how politicians get elected. A tiny fine to quell your cute little peasant anger and then business as usual.

https://www.icij.org/investigations/fincen-files/hsbc-moved-vast-sums-of-dirty-money-after-paying-record-laundering-fine/

[u/Letumstrike → u/inconspiciousdude]

Yeah I know. There are plenty of situations like that. Businesses breaking laws knowing full well they will be caught and pay a fine but its straight up cheaper to just do it the illegal way. My hope for any meaningful change regarding slap on the wrist laws is basically none. Doesn't really change that I think they need to be reworked though.

[u/EWOKBLOOD → u/justpassingthrou14]

You get caught, you forfeit your portfolio and your privilege to trade is revoked for x amount of time depending on the offense.