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re: DOJ To Investigate Retail Day Traders For Possible Market Manipulation
Posted on 2/13/21 at 7:50 am to SlowFlowPro
Posted on 2/13/21 at 7:50 am to SlowFlowPro
Long story short the hedge retards got their dick caught in the short squeeze rat trap and they're passed off and embarrassed because it was DragonBall Z millenials who pushed their shite in and not their fellow ivy league trust fund Wall Street craps table buddies who did the fricking.
This scares them so they want the chilling effect of a sham SEC investigation.
IMO the case is DOA because there are missing elements. Nothing said was untrue or fabricated, no insider information was used. They recognized a market force that was public information and leveraged it. When you blind short you are on the hook for unlimited liability to cover, They're fricking idiots.
This scares them so they want the chilling effect of a sham SEC investigation.
IMO the case is DOA because there are missing elements. Nothing said was untrue or fabricated, no insider information was used. They recognized a market force that was public information and leveraged it. When you blind short you are on the hook for unlimited liability to cover, They're fricking idiots.
This post was edited on 2/13/21 at 7:54 am
2
Posted on 2/13/21 at 8:02 am to Strannix
quote:
Long story short the hedge retards got their dick caught in the short squeeze rat trap and they're passed off and embarrassed because it was DragonBall Z millenials who pushed their shite in and not their fellow ivy league trust fund Wall Street craps table buddies who did the fricking.
This scares them so they want the chilling effect of a sham SEC investigation
well, in their defense, what happened wasn't really anticipated by the current regulatory framework (being as it's novel and uses technology so regulations will lag), but the best fit within the new framework is market manipulation.
you bet your arse the federales are going to come down hard on this, b/c this sort of mass market manipulation effectively kills the sort of markets the entire system has been built around. i've been arguing this for weeks. i've also said that on a theoretical level the WSB-level manipulators may be proven to not be manipulators, but they'll be broke before it gets there.
quote:
Nothing said was untrue or fabricated,
not required for MM
quote:
no insider information was used
not required for MM
Posted on 2/13/21 at 9:18 am to Strannix
quote:
Long story short the hedge retards got their dick caught in the short squeeze rat trap and they're passed off and embarrassed because it was DragonBall Z millenials who pushed their shite in and not their fellow ivy league trust fund Wall Street craps table buddies who did the fricking.
This scares them so they want the chilling effect of a sham SEC investigation.
IMO the case is DOA because there are missing elements. Nothing said was untrue or fabricated, no insider information was used. They recognized a market force that was public information and leveraged it. When you blind short you are on the hook for unlimited liability to cover, They're fricking idiots.
Losing 20 billion may teach the real market manipulators not to be so reckless playing the shorting game. The army of ants has the scent.
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