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/biz/ - Business & Finance


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26449875 No.26449875 [Reply] [Original]

>Organised pumping and dumping
Do those wall street bets zoomers realize they are all guilty of a federal crime?

>> No.26449916

>>26449875
Really?

>> No.26449933

>>26449875
So? They'll never be prosecuted for it.

>> No.26449947

>>26449916
Yes, really.
https://www.criminallawyergroup.com/practice-areas/securities-and-commodities-fraud/pump-dump-schemes/

>> No.26449960

>>26449875
Its not a federal crime

Insider trading without anyone knowing is a crime. When everyone agrees to pump a stock, they can. GME to $1000 next week

>> No.26450037
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26450037

>>26449960
>GME to $1000 next week
>fraud occurs when someone makes a false or misleading positive statement about a company or the value of its stock, inducing others to make a financial decision based on that false statement.

>> No.26450197
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26450197

>>26450037
Stfu NARC, I don't have time to do any real research. I just lurk and see what's being shilled hard and go all-in.
I need these posts.

>> No.26450217
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26450217

>>26450197
tell it to the judge, scumbag

>> No.26450259

>>26449875
Yeah I said that as soon as I first saw wallstreetbets, but now I follow them and collect tendies. Join us, it's literally free money.

>> No.26450319

Wouldn't it be like...heh...kinda funny if....uuuhh...... You know.... Someone would list the accounts that can be linked to a real identity and uuuhhhh...... Give the IRS a tip? I mean technically ....uhhh in times like these we uuhhh.... Have to stay together and help one another.....uhm yeah and... Yeah would be crazy right? haha..

>> No.26450465

>>26450319
fag

>> No.26450483

>>26450037
>false or misleading
Thanks for clarifying, sold 100,000 reddits.

>> No.26450565

>>26450319
Not everyone is a fat dumb burger. Who still lives in America? Should've gotten out when the retards elected a literal conman trust fund baby.

>> No.26450614

WSB may have started the fire, but there are far larger whales backing this shit now. Some madlad whale dumped like 60 mil into it last week, causing some paper hand shorters to fold. This is only going to get worse this coming week for them, since normies are catching wind of it, with illusions of the VW/AUDI squeeze.

I dont think its going to get to those ludicrous levels, but I know its going to be a wild ride next week. Autists wont blink first, because the big HFs dont want egg on their faces that they lost gorillions to a bunch of no-limit retards