Tag Archives: gamestop short squeeze

Did Redditors Break the Law? What the SEC Says About Market Manipulation

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This week the subreddit WallStreetBets took on hedge funds shorting GameStop stocks. The question today is, if a lot of people on Reddit band together to drive the price of a stock higher, is that illegal?

GameStop’s Stock Short Squeeze, Explained

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Here’s the story of how Reddit’s Wall Street Bets subreddit gamed the system and profited off of Citron Research’s shorting positions. This is what happened and why!