It's quite simple: Step 1: Take a worthless shit stock and pump it with millions of dollarsStep 2: manipulate the masses using memes and media to get people to buy that stockStep 3: idiots will inevitably dump their entire life savings into that stock, jacking up the priceStep 4: when the time is right, unload everything. Sell all of it, make a huge profit and leave the idiots holding worthless shares. Step 5: wait a few months, then repeat with another stock
woah that might be crazy enough to work, haha!
>>62050270That's literally what Gamestop and Beyond were. On a smaller scale, it's also what all the jeetcoin shills are trying to do here on /biz/.
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>>62050312Beyond was?I remember seeing like one person talking about it off site and I jumped in, my first stock. I thought Beyond was an up and comer, not a scam pumpdump.
wow /biz/ must be the dumbest board, has to be. none of these retards know what a short squeeze is and can barely explain it. I think the general threads are the only ones worth going to.
>>62050355It was a pump and dump. Was supposed to be a short squeeze. The internet was on fire over it until it got shut down at ~$8.
>>62050270We already did that, it's called bitcoin.
>>62050270Sounds good, except for the fact that theres like a dozen of us with the highest networth being like 20 grand.
>>62050270Yes sir mr president
