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Commerce Secretary Urges Fox News Viewers To Buy Tesla Stock: ‘Elon Musk Is Probably the Best Person To Bet On!’(www.mediaite.com)

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return2ozma@lemmy.world
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decended_being@midwest.social
44 points

Genuinely asking, isn’t that market manipulation? Seems like Ramping to me.

Actions designed to artificially raise the market price of listed securities and give the impression of voluminous trading in order to make a quick profit.

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whodrankarnoldpalmer@startrek.website
22 points

The US no longer has laws, just grievances to be addressed arbitrarily.

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atzanteol@sh.itjust.works
1 point

“Artificially” probably does a lot of work in that law. I suspect there may need to be some “intent to deceive” involved. Otherwise anybody simply giving an opinion on a product or stock could he seen as manipulation.

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Wolf314159@startrek.website
2 points

In certain contexts the opinions of some federal officials is quite a bit more than “simply giving an opinion”. The most obvious examples being the chairman of the Federal Reserve and the Commerce Secretary.

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dugmeup@lemmy.world
49 points

Lol aren’t there supposed to be some form of separations… What a complete basket case this whole administration is

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PointyReality@lemmy.world
24 points
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Yeah lol and they are all like “wHy aLl tHe HaTe” after months of mysognistic , white supremacists and downright racist commentary. Hopefully he does not go full snowflakes though then they will have to turn on him from within.

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Omnifarious@lemmy.world
26 points

So they need more suckers to buy in so the people who have massive stakes in the stock can sell and minimize their losses. Am I following this right?

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Tony Bark@pawb.social
22 points

The desperation is sooo real.

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jballs@sh.itjust.works
7 points

“I think he says at the end of ’26, he’s gonna start making tons of robots, ’27 and ’28, he thinks 2028 you and I are each gonna have five robots each. They’re gonna mow our lawn and they’re gonna make us coffee and they’re gonna make our bed…and they’re gonna fix our bathroom and renovate our bathrooms — I’m telling you we are gonna have very nice bathrooms!”

Wtf is this man smoking?

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