Very wrong. Arbitrage is not “insider trading”.

ses1984 2 hours ago | parent [-]

They're accused of opening short positions, then pumping and dumping to trigger the shorts. That's not arbitrage.

george_w_kush an hour ago | parent | next [-]

What? “Opening short positions then pumping and dumping to trigger the shorts” doesn’t make any sense at all. You’re saying they opened a position that profited if the price went down then they bought to raise the price

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lupire an hour ago | parent | prev | next [-]

By "pumping and dumping" do you mean "buying and selling" to outsmart other people trying to outsmart them?

Did they lie about the financial health of the securities they traded?

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whatever1 an hour ago | parent [-]

Js manages trades for huge whales that can move markets by themselves.

So yes it is textbook insider trading if you are placing options just before you move the whale.

	▲	selridge 41 minutes ago \| parent [-]
		which textbook would that be?

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selridge 42 minutes ago | parent | prev [-]

That's not insider trading lol.