This guy is all over the comments on a Twitter thread with the same comment over and over again regarding Redditors sticking it to hedge funds today (they should be happy they’re only losing a lot of money instead of seeing guillotines rolling up Wall Street):

No, it’s market manipulation because people planned to pump up these stocks on Reddit r/wallstreetbets. This is called a pump and dump scheme, and is illegal

— Patrick 🧢 (@Patrick4Yang) January 27, 2021

Pump and dump is illegal when “based on false, misleading or greatly exaggerated statements”. Everyone is in the know why Gamestop and AMC are being pumped, its to squeeze the shorts.

— NP Crane☯️ (@silentscreetch) January 27, 2021

Redditors are now talking about Bed, Bath, & Beyond, which is also heavily shorted by hedge funds.

It appears across every cable network there are stock market gurus talking about how bad this is (that they’re being beaten with their own rules), suggesting things such as prohibiting talking about stock trades on-line (except their own Websites and television shows and such, those would be exempt).