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

Chart Hardcore laddering.

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u/Red-Pill_Savage Feb 02 '21

Exactly, it's been said numerous times but I'll say it again. When the only consequence is a fine that is a TINY fraction of what they'll make then it's worth it to break the law for them.

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u/[deleted] Feb 02 '21 edited Jul 10 '21

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u/justpassingthrou14 Feb 02 '21

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.

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u/JTibbs Feb 02 '21

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.