01-31-2021, 06:44 PM
Ted King wrote:
[quote=cbelt3]
Redditors and the mods are being very careful with this. I read that subreddit on occasion. Claiming collusion is going to be as hard as claiming that a roomful of cats work together to develop a nuclear powered spacecraft.
It's becoming clear that I shouldn't have used that Reddit subreddit to make my point. I should have used a purely completely hypothetical entity as an example. I thought using Reddit would make my point more tangible, but instead it is a distraction that gets in the way of what I was trying to express. Sorry about that.
I agree that in the case of that subreddit proving collusion probably would difficult. But if you have a group of posters talking to each other about buying those shares with the explicit purpose of manipulating the market against the big short sellers, then there might be some legal basis for a prosecutor to look into it.
Ted, the problem with hypotheticals is that they seldom reflect the real world scenario. I do accept that the example you used was not ideal for 230 - it doesn't touch the main issue at all.
What's wrong with 230? This podcast between Nilay Patel - who argues for leaving 230 alone - and Mark Cuban, who explains how 230 is terrible and why - is worth listening to. https://podcasts.apple.com/us/podcast/ma...0497957452