^ This.

When you have 3 million individuals in the retail market trading in unison, that is no longer individuals - it acts like a firm or corporation. <-- my opinion.

Market manipulation in most cases is illegal. Just because the "casino market" is difficult to regulate, that does not make it legal.

-Z

I got in at $84 yesterday.

It’s great that Wall Street can manipulate the market for years, but they minute they lose they cry about how unfair everything is.

I guess my question would be, is a bunch of people all getting together and saying "we are going to buy every share we can of this stock" considered manipulation?

Now, shorting the stock and then putting out hit pieces, I get that...but a bunch of people all doing the same thing at the same time doesn't feel like manipulation to me.:confused:

From Investopedia:
What's going on with GME, AMC, and the rest sure sounds a lot like market manipulation to me...

market manipulation is very much legal, and happens all the time.

this

I guess I just see it differently. A bunch of people buying a stock wouldn't be my definition of "manipulation". If they were all going out and only buying product at Gamestops, or putting out articles with fake earnings, then ya. But just all purchasing stock at once? Seems hard to prove doing something because you saw other people on the internet doing it is manipulation.

OK, so what happens if wall street decides to put them in their place? They could crash it all and make money on the recovery, they don't care.
It's their game, don't wake the sleeping tiger.

The guy counting cards at the casino usually doesn't care how the casino will react.

For now, it's fun to root for that guy.

This was them putting wall street in their place as I understand it. They perceived WS shorting the stock (manipulating the value) and negated the effect with mass individual purchases.

And it is quite funny to hear the hedge funds all crying unfair to practices they perfected and engage in with impunity.

http://forums.pelicanparts.com/uploa...1611790990.jpg

It is easy to prove if people are publicly stating they are buying to manipulate the market. What is there left to prove in that?

Hedge fund managers went after anyone they could at Porsche, I'd expect them to have lawyers combing public info and finding those participating with the intent of market manipulation.

Certainly an interesting situation for sure.

I bought a few hundred AMC shares after hours cheap. Hoping for --B I G-- things tomorrow !

Epic battle shaping up for tomorrow when the market opens, many can't trade in AH/PM, so opening bell will be wild.

Jim Cramer called out all the WS pros that were whining. The hedgefunders driving around in their Lamborghinis got spanked. Calling the WSB Redditors a "greed hive".

Hate to tell you: Wall Street is the definition of 'greed hive'

Where is anyone publicly stating they are buying to manipulate the market? Have you looked at the subreddit? A ton of people telling everyone to buy, a ton of people posting screenshots of their purchases, a ton of people telling everyone to stick it to the man, ...is any of this market manipulation?

How is this any different than Cramer recommending a stock to his millions of followers? or Elon tweeting "I like etsy" and their stock rockets up?

Telling people to buy a stock or stating that you bought a stock isn't market manipulation.

Surprised no one has mentioned the king of all of this, u/deepf**kingvalue. A guy who has been on the GME train for like 18 months, with real DD (he seems to be an analyst full time...or WAS lol). He has been telling people how it could be a 5 or 10 bagger when it was $4, with a chance for a squeeze, I dont think he even saw this coming, but he did call his finish as January 2021. So far his calls and leaps have taken him from starting with $53k to $48mm as of today and he is still in.

Exchanges and brokers starting to shut this down. Some brokers imposing “closing transactions only” in some expiries, meaning trader can only close out an existing options position, can’t open a new one.

No one is discussing that SEC and brokers allowed hedge funds to short 139% of the floating shares in company that was struggling but had no loans? And now there is a big scramble to save poor hedge fund...

It is currently +4% in Germany. Things like this happen only once in the blue moon. Dotcom crash, 2008 crash, algo flash crash, VW short squeeze. And now this...

According to what I can read on net, GME is still heavily (>100% shorted). Shorters will need to cover if GME stock remains artificially propped up . Enter combined gamma squeeze and short squeeze. Perfect storm.

There is a risk that hedge funds will (or already are) sell their other long positions to cover short bets in GME, which might bring whole marked down...market which is already in stratosphere compared to fundamentals.