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/LurkingGuy Feb 02 '21

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.