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Re: H.E. Pennypacker post# 6380

Friday, 05/02/2014 11:40:12 AM

Friday, May 02, 2014 11:40:12 AM

Post# of 28186
It's easy to understand how the mindless could be controlled by a personality like his, but I don't understand how someone with a following like Tim Sykes can operate within the law while sicking their rabid, thoughtless fanatics on stocks after deciding to go long or short with them. It's the definition of manipulation. I'm not hating on the guy, I congratulate people who are able to hustle crowds as big as his, but it doesn't seem like something that should be legal. He claims to go after "pump and dump" schemes, but he has a following large enough to BE the pump and dump scheme now. What's the difference between having a call center in your basement and having a bunch of nerds doing your bidding, or being a prominent social media figure and doing the exact same thing?