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Subject:  Re: Ramifications of Gamestop Frenzy Date:  2/15/2021  1:57 PM
Author:  pauleckler Number:  41131 of 41154

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.
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