” but Jacob Frenkel (Former SEC Lawyer) is in total panic.”
Screw him. He sounds like he’s trying to save the shorts and nothing more.
There’s nothing illegal that the wallstreetbets crew is doing. They aren’t lying about Gamestop or its finances. They are just using the power of the internet to generate a flashmob dedicated to busting a short fund. Welcome to the world of social media, shorty.
“There’s nothing illegal that the wallstreetbets crew is doing.”
Watch the regulatory Swamp Men try to change the rules to benefit their Wall Street Cronies.
When hedge fund scumbags get free airtime on CNBC to announce their shorts and talk down targets, that’s sacred free speech and capitalism.
when auteurs on WSB do it, it’s “illegal conspiracy market manipulation.”