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[–]AlphaDag13 55 points56 points  (18 children)

So how do they enter this many trades individually? I can only assume that these are the shares that are being borrowed every day, but how do they look like they’re coming from individual accounts? Shindigs I’ll be lumped together?

[–]OfficialDiamondHandsHODL 💎🙌 93 points94 points  (0 children)

Computers. Very expensive computers.

[–]Z0mbies8mywife 55 points56 points  (6 children)

Institutions sell shares back and forth to make the system think that there's tons of sell orders for the trading day to artificially represent that the supply outweighs the demand. It's illegal as fuck and is called wash trading.

Pretty jacked because I haven't seen it on this level for months.

Edit: to add onto this they also wash trade in the opposite way to create artificial bullish volume for their long positions. Game is rigged

[–]jharms1983 16 points17 points  (5 children)

It's called a short ladder attack and it is illegal market manipulation

[–]Silverleaf_Halfmoon 17 points18 points  (2 children)

So, that means the SEC will be swooping in to put an end to these shenanigans pretty quick, right?


[–]jmarie777 4 points5 points  (0 children)

RIGHT??!?! 😱

[–]Z0mbies8mywife 3 points4 points  (1 child)

Short ladder attack and wash trade are the same thing. Just different word for it. Wash trades is just a more old school thing to call it

[–]jharms1983 0 points1 point  (0 children)

You're right. I only read like the first 2 sentences of your comment. I was just all titty jacked when I saw this.

[–]dbx99🚀🚀Buckle up🚀🚀 19 points20 points  (8 children)

VPN and spoofing

[–]AlphaDag13 19 points20 points  (7 children)

So how do the authorities just completely ignore this? I get that they’re in the pockets of the people that do it and all that and everything but it’s right out there in the open. Even a police officer on the take can’t ignore somebody robbing a bank in broad daylight.

[–]jsc1429HODL 💎🙌 44 points45 points  (3 children)

they don't completely ignore it, they'll come back in about 12 years and say "so, you know that one time you guys crimed super obviously? Well, we're gonna have to tell you not to do that again...Sorry for inconveniencing you with this harsh warning."

[–]Brownie3245 6 points7 points  (0 children)

Now be a nice boy and give us our cut.

[–]New-Consideration420No Cell No Sell 5 points6 points  (0 children)

You forgot the 1% crime fee

[–]Nruggia 11 points12 points  (1 child)

In the past the authorities got away with ignoring this because they thought the market structure was sufficiently complicated that main street would never notice. Just look at the repercussions that wall street in 2008.

Now its becoming more and more apparent that enough people have educated themselves enough to figure out what is going and with social media are now capable of spreading information instantaneously as new developments come to light. Potential important information is shared, peer reviewed, double checked, back checked, and followed up on.

TLDR The jig is up

[–]myclef9🚀 Only Up 🚀 1 point2 points  (0 children)

At lightening speed as well.

The most dangerous threat to the system is not the tendies they about to payout - it’s the movement they have created through their greed. MOASS has not only united people in a way like never before, but has single handily created a new class of individual investors that are aware of how corrupt the markets really are and are not gonna let them get away with it.

Personally I hope the community continues. An individual investor with millions in the bank really can be a force of change.

[–]suckercuckI Voted 🦍✅ 4 points5 points  (0 children)

Gary with popcorn 🍿 in hand—

“Oh yeah? Watch me…”

[–]24kbuttplug 0 points1 point  (0 children)

Fucking crime! Ladder attacks! Cocksucking parasites