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[QUOTE="Fat tire 13, post: 3704751, member: 6171"] The laws on this are not completely clear, and you have to look at precedent. When hedge funds used to have selective dinners, and get into the same stocks, they did get in trouble Another example - some CNBC host buys a stock, then pitches it on the show the next day. That is pretty cut and dry from the regulators standpoint For this it is about intent. If it is purely to manipulate the price, it is illegal. However, many of the Reddit posters write their investment case, or notice the short interest is high. Then there is the argument there are other reasons besides pure "pump and dump" to get involved. I think it will be a long time before the SEC does anything because they are slow moving. And there will likely be 1-2 offenders who take it too far who will end up being the token arrest [/QUOTE]
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