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CaptainTruth

(6,722 posts)

19. It's not a pump & dump, it's a whole bunch of people buying a stock...

Reply to TomCADem (Reply #11)

Thu Jan 28, 2021, 11:17 PM

Jan 2021

...which sends the price up.

I can verbally recommend that 10 of my friends buy a stock, or I can post a recommendation on social media. People can buy it or not. Nothing illegal about it.

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Highlight:

Senate Banking Panel Plans Hearing Amid GameStop Trading Frenzy [View all] demmiblue Jan 2021 OP

Crisis because it wssn't voldermort manipulating market? SheltieLover Jan 2021 #1

Isn't Doing a Pump and Dump Illegal? TomCADem Jan 2021 #11

Is it a pump and dump if there's no dump? Decoy of Fenris Jan 2021 #14

But now the halting of buying caused GME to drop a shit ton today oldsoftie Jan 2021 #15

And its already recovered in overnight. WSB has gone from 3 mil to 5 mil users in 24 hours. Decoy of Fenris Jan 2021 #16

I did the same with AAL. It another on their list oldsoftie Jan 2021 #23

Sure there isn't TomCADem Jan 2021 #17

Might not be noble, but it's funny as hell to watch, and only just beginning. n/t Decoy of Fenris Jan 2021 #18

I Thought Loeffler and Perdue Should Have Gone to Jail... TomCADem Jan 2021 #24

It's not a pump & dump, it's a whole bunch of people buying a stock... CaptainTruth Jan 2021 #19

Waste of time imo calguy Jan 2021 #2

No one who invested in GME/etc. mind losing, they mind brokerages stopping them from trading it Decoy of Fenris Jan 2021 #5

This might help BumRushDaShow Jan 2021 #7

Some hedge funds went broke. Big deal. Howcum they haven't looked at options and... TreasonousBastard Jan 2021 #3

Yep, just a case of bad hedge fund management. JustABozoOnThisBus Jan 2021 #8

Necessary reading luxmatic Jan 2021 #4

That's paranoid nonsense. TD Ameritrade did not halt trading mathematic Jan 2021 #6

I know who is responsible!!! Ziggysmom Jan 2021 #9

Someone else agrees... BumRushDaShow Jan 2021 #12

my favorite movie of all time rdking647 Jan 2021 #13

Wow, were you in the commodities pits? That always looked like the most stressful jobs ever. Ziggysmom Jan 2021 #22

As does the House Yo_Mama_Been_Loggin Jan 2021 #10

Back when the stock market actually reflected the economy, IsItJustMe Jan 2021 #20

Meh. badboy67 Jan 2021 #21