How was naked short selling the stock not brigading?
More than 100% of the stock...
That shit has to be illegal? Right?
And even if it isn't, they deserve to pay for their foolish risk taking.
Sucks for them a bunch of reddit retards figured it out.
Have we learned nothing? "Legality" is 100 relative to who is victimized.
If you could prove that all those hedge funds got together to conspire, you'd have a case, but if you're knowledgeable about the exchange and the history of the company, that's not really necessary. People just don't like short sellers because they are speculating on companies falling.
On the other side, you have a group of self proclaimed brigaders, coordinating in a public space to specifically manipulate a stock price to fix it to make profit and fuck over multi billion dollar companies. You don't get to sweep that under the rug just because you don't like the industry that is professional short selling.
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