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

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return2ozma@lemmy.world
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PhlubbaDubba@lemm.ee
231 points

“Reddit Invokes The Streisand Effect to Openly Invite r/WallStreetBets to Wreak Havoc on Their Stock Price.”

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nilloc@discuss.tchncs.de
9 points

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

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Kbobabob@lemmy.world
7 points

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

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nilloc@discuss.tchncs.de
24 points

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.

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