WebAnswer (1 of 2): Nope. Nobody is trying to convince you that Gamestop is a great company that's about to be a superstar company. At least, very few people are saying that. That would be pump and dump. Pump and dump is illegal. What the Reddit folks are doing is a perfectly legal (not a lawyer, ... WebFeb 14, 2024 · GameStop trades and meme investing turn stocks into a pump-and-dump scheme. Sticking it to the man is a good rallying cry, and it was satisfying to see hedge …
Opinion Pumps and Dumps and Chumps - The New York Times
WebMay 13, 2024 · After watching the great GameStop stock boom play out on sites like Reddit and Discord this winter, hundreds of thousands of hopefuls are joining Discord groups … WebFeb 4, 2024 · And that’s the frustrating thing about GameStop. While the narrative initially started as a company that was being shorted and distorted it actually ended up turning into a massive pump and dump promoted by many famous people. But why is a pump and dump dangerous, you ask? Doesn’t everyone just get rich? theatergroep purple
GameStop now called a ‘pump and dump’ scheme—what …
WebCMV: The r/WSB Gamestop trading 'meme' is just pump and dump market manipulation and probably illegal. ... A very important point about WSB and the Gamestop stock is that the stock was shorted by a larger amount than was available in the total supply. And not only that, if you discount some of the stocks held by groups that can't or won't ... WebFeb 19, 2024 · Former SEC Chairman Jay Clayton told CNBC on Friday he does not believe the Reddit-sparked trading frenzy in GameStop shares represented an illegal pump-and … WebJan 27, 2024 · Jordan Belfort: GameStop frenzy is a 'modified pump and dump'. Link Copied! "Wolf of Wall Street" author Jordan Belfort discusses GameStop's stock surge and what it … the goldbergs imdb cast