Sooner or later -probably sooner- one of these crowdsourced Reddit efforts to drive up a company's stock price will turn out to have been pushed by an 'internet rando' who is actually a company insider needing to sell. My bet: the SEC is lying in wait to make that the test case.
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Replying to @baseballcrank
Thing is, it’s not a single internet rando. The forum you’re referencing has almost 3 million members- it is almost entirely randos. I have followed it for a long time, and it is almost entirely organic. They don’t take kindly to anybody they suspect of being an insider.
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Replying to @consubermensch1
Oh, I know. But that just means you gotta work to blend in. There will always be people with that skill set in the world of the quick buck.
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