Started By
Message

re: Who else is tuned into gamestop?

Posted on 1/27/21 at 11:47 am to
Posted by Bjorn Cyborg
Member since Sep 2016
26984 posts
Posted on 1/27/21 at 11:47 am to
quote:

The hedge funds will certainly turn to the SEC and probably FBI. It’s basically the same pump n dump scheme you saw in Wolf of Wall Street. There likely is a case to be made for fraud. But it’ll be interesting to see how or if they can differentiate the losses due to the original organizer vs when this thing took a life of its own


There is nothing illegal going on here. They are playing off of publicly available information.

Melvin or Citron (one of the big players) put out a video about why shorting GameStop is a good idea. You can't do that, and then complain when some individuals discuss doing the opposite in a chat room.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram