>own most of the stock in a successful company
>dump it all
>people think it's a firesale and the price drops
>buy it all back and more while
>people realize it was a ruse and the price goes back up
>repeat for infinite money
What's the problem with this plan???
>own most of the stock in a successful company
right there is the problem
congrats you figured out bitcoin
>>1808635
do you have the capital to buy the majority of outstanding shares of a company?
I mean if you do then by all means go for it, but I imagine at that point you've got enough money that you don't need to do this shit.
>>1808635
people realize it was a ruse and the price goes back up
>investors realize the company is run by manipulators, so this time the buyers are overwhelmingly traders with no interest in holding the stock long term
>price peaks, traders reverse their positions to short the everloving fuck out of it all the way down
>>1808635
>own most of the stock in a successful company
>dump it all
>wouldn't get filled imediately because of the larger order unless you did a market order filling in sections at like 10,000 shares
>spook market
>lose money becuase of lack of liquidity
>sec knocks on your door to ask you wtf your doing
>get arrested?
You also have the 13g sec filling
>>1808635
It's called cornering the market, and it requires at least 100 million, and if it goes wrong you'll lose millions.
So.....
filings
SEC would tear you a new asshole, for one