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Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price (gizmodo.com)

submitted 8 months ago by return2ozma@lemmy.world to c/technology@lemmy.world

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[–] nilloc@discuss.tchncs.de 9 points 8 months ago (1 children)

I think they’re trying to get the SEC to solve their problems for them. I wonder how careful the WSB/Stonkers can be.

[–] Kbobabob@lemmy.world 7 points 8 months ago (1 children)

Maybe I'm just dumb, but what could the SEC actually do?

[–] nilloc@discuss.tchncs.de 24 points 8 months ago (1 children)

Accuse them of stock market manipulation, which is exactly what the hedge fund guys do constantly. But since the Reddit kids aren’t hedged managers with $100millions, they’ll get sucked.

[–] PhlubbaDubba@lemm.ee 2 points 8 months ago

Is feeding the trolls market manipulation?