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Anita Balakrishnan The BlackBerry logo located in the front of the company s B building in Waterloo, Ont. on Tuesday, May 29, 2018. THE CANADIAN PRESS/Andrew Ryan February 02, 2021 - 7:12 AM TORONTO - Canadian regulators have said they will act if they see abusive or manipulative trading, as Reddit and other social media sites stoke stock mania. But experts say that legal action is not straightforward: it depends on whether rallies in stocks like BlackBerry and GameStop are co-ordinated and harmful or simply cases of contagious excitement. It’s a debate that’s playing out on the forums themselves. On Reddit s Bay Street Bets, one user wrote of BlackBerry’s stock, “We will support it and make it climb together,” while another decried the idea that individual investors are some sort of Reddit army.

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