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Started By
Message
Atlas Crew charged by the SEC
Posted on 12/14/22 at 12:38 am
Posted on 12/14/22 at 12:38 am
quote:LINK
The SEC Charged Zack Morris and other "FinTwitters" with security price manipulation. $100m in fines.
Key list of things not to do based on the filing:
1/ Non Disclosed Dumping. Selling stock you’ve promoted without informing followers you have done so
quote:
Shoutout to PJ Matlock, Zack Morris, Hugh Henne, Dan Deity of Dip, Tommy Coops, and all the other fricking losers with atlas trading finally getting caught for pumping your bags and dumping on clueless retail traders. Don’t drop the soap tool bags. I’ll await ur levels from prison
quote:
"Zack Morris, for years, promoted himself as a
trustworthy stock-picking guru. In reality, he is a seasoned stock manipulator."
- SEC Lawsuit against Atlas Trading ??
quote:
One of the biggest stocks Zack Morris & Atlas Trading promoted was Camber Energy ( $CEI) .
Zack tweeted out a $10 price target and sold the stock for $2.61 30 minutes later.
quote:
Daniel Knight ( @DipDeity ), a close associate of Zack Morris and bigwig at Atlas Trading, was recorded on a Discord call stating the following:
" We're robbing f * cking idiots of their money.... "
Posted on 12/14/22 at 7:10 am to HailToTheChiz
They are trending on Twitter 
Posted on 12/14/22 at 7:35 am to LSURoss
They were just like every pumper that came before them. Cracks me up people still fall for it. Not going to lie though I happened to own FUBO before Zack started pumping it and man those were great times.
Posted on 12/14/22 at 8:47 am to Hmanhunt
I made money on SNDL from them pumping but lost my arse on IVR and AHT
Posted on 12/14/22 at 10:50 am to Falco
Sndl was always fun.
You could watch a stock jump 20 30% after that guy would tweet.
You could watch a stock jump 20 30% after that guy would tweet.
Posted on 12/14/22 at 11:25 am to LSURoss
That it was, especially for those that got in when it was under .10. I made good money from their pumps but I admit I got greedy which is why I lost big on IVR and AHT and quit following my own trading rules.
Posted on 12/14/22 at 12:22 pm to Falco
Pumping shite and dumping it on retail investors. I’d argue it’s no different than what Chamath does, but they deserve everything they get
Posted on 12/14/22 at 1:11 pm to Falco
This is going to be one hell of a Netflix documentary. I can not wait for that one.
Posted on 12/14/22 at 2:17 pm to JescoWhite
A few of them are already detained.
Posted on 12/14/22 at 2:23 pm to LSURoss
A lot of the names were talked about here. Is this were some of the more notorious names came from like ZOM ? How did you know to follow Atlas? I follow the markets but don’t use Twitter I never knew they existed
Posted on 12/14/22 at 3:05 pm to Pierre
They were popular on Twitter and Reddit, was AT part of Atlas?
Posted on 12/14/22 at 3:07 pm to LSURoss
Lade Back
Tommy Coops
Mystic Mac
PJ Matlock
Dip Diety
All arrested
Tommy Coops
Mystic Mac
PJ Matlock
Dip Diety
All arrested
quote:
“Per AUSA Carter, all defendants are arrested and case should be unsealed as to Edward Constantinescu, Perry "PJ" Matlock, John Rybarczyk, Gary Deel, Stefan Hrvatin, Tom Cooperman, Mitchell Hennessey, Daniel Knight:, filed. (gkelner
quote:
In or around February 2021, MATLOCK, RYBARCZYK, DEEL, COOPERMAN, HENNESSEY, and KNIGHT profited approximately $876,106 from the pump and dump of $TRCH.
This post was edited on 12/14/22 at 3:10 pm
Posted on 12/14/22 at 8:26 pm to Falco
They deserved to be arrested. What they did is no better than a ponzi scheme.
Posted on 12/14/22 at 11:14 pm to Falco
2 of them lived in my building in Houston and seem to be great guys. Little bit of class clown types in them but genuinely good people from my experiences with them. I have a tough time with this one deciphering influencers being self proclaimed gurus pumping up a company to make money off of it.
At what point is it criminal if your following is gullible and making non sensible trades off of your direction. It’s one thing if you are a brokerage and controlling or executing their trades, but if you are just giving random strangers that follow your social media accounts ideas and thoughts how far is the “influence” of a pump just by tweeting a company that you bought and then quickly sold after?
Does there need to be more schooling or certifications individuals should have before they should be allowed to trade at all even on a retail level?
At what point is it criminal if your following is gullible and making non sensible trades off of your direction. It’s one thing if you are a brokerage and controlling or executing their trades, but if you are just giving random strangers that follow your social media accounts ideas and thoughts how far is the “influence” of a pump just by tweeting a company that you bought and then quickly sold after?
Does there need to be more schooling or certifications individuals should have before they should be allowed to trade at all even on a retail level?
Posted on 12/15/22 at 4:02 am to HYDRebs
I mean what they did was coordinated, in picking which stocks to pump and pushing that particular stock as a whole group. Many they continued to pump long after they had sold and claimed to hold positions in.
For awhile they advertised their picks and you had to "pay" to join their community to get inside information on picks.
It was more than them just posting ideas on social media and people taking those ideas and investing.
For awhile they advertised their picks and you had to "pay" to join their community to get inside information on picks.
It was more than them just posting ideas on social media and people taking those ideas and investing.
Posted on 12/15/22 at 7:55 am to Falco
It was dummies stealing from dummies.
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