Skip to main content
No. of Recommendations: 2
If a group of investors use social media to co-ordinate stock purchases, when does that become illegal? When should it become illegal?

They are investing their own capital at risk. Trying to make a profit but knowing full well the stock price far exceeds any measure of value. So it becomes a Ponzi scheme. Someone gets caught holding the bag. Its the old pump and dump used in penny stocks for years. Should penny stocks be illegal? When should government step in?

Similarly, if a similar group co-ordinates a demonstration on the grounds of the capitol, when does that become illegal? When a crime is involved damaging property, breaking in, disobeying police orders, assaulting police or others. Inciting a riot might be a bit foggy, but some lines are easy to draw. Less so with investing.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.