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Forum » GameStop Redditor SUED for Securities Fraud
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Thread: GameStop Redditor SUED for Securities Fraud

post 1631634513 02-17-2021, 12:17 PM
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#1
  1. me12inch
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  1. me12inch
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GameStop Redditor SUED for Securities Fraud


https://www.bloomberg.com/news/artic...-gamestop-rise


good game bro
post 1631635723 02-17-2021, 12:30 PM
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#2
  1. dabbmw2002
  2. Trolling the trolls.....
  1. dabbmw2002
  2. Trolling the trolls.....
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Post deleted by user
Original Ruckus
post 1631635803 02-17-2021, 12:31 PM
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#3
  1. iabs
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  1. iabs
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Who didn’t see this coming?

They will crucify that guy(s) and make an example out of him.
300 Forever
post 1631635963 02-17-2021, 12:34 PM
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#4
  1. Silencespeaks
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Post deleted by user
post 1631635973 02-17-2021, 12:34 PM
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  1. MetroBrah
  1. MetroBrah
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I don't see how they will charge him with anything. It's not like he caused all of this to happen. The guy didn't even sell at the top. He didn't even buy to squeeze out the shorts. He originally bought GME because he legitimately thought they could turn things around.
post 1631636453 02-17-2021, 12:39 PM
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#6
  1. CementPizza
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Diamond hands to diamond bars.
R.I.P. Hector Bluntz
I am sex yor butt.
Sick Duck Crew.
Stroke crew
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Intent to penetrate Crew.
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post 1631636543 02-17-2021, 12:40 PM
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#7
  1. BulkingIsHard
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What do you expect when you make public posts telling everyone to pump and dump?
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
post 1631636633 02-17-2021, 12:41 PM
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#8
  1. BigBoyPants
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Silly **** making money is for rich people.
post 1631636703 02-17-2021, 12:42 PM
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#9
  1. keyboardworkout
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  1. keyboardworkout
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▪█─────█▪ Equipment Crew #53 ▪█─────█▪
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------------- No Vax Crew ----------------
post 1631636953 02-17-2021, 12:46 PM
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#10
  1. homersexual
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Not surprising the establishment is going to make an example out of him. We all can't be politicians like Nancy Pelosi who can just sell stocks right before covid plandemic crash and get away with it.
-SF Gigantes y SF 49ers-
post 1631637383 02-17-2021, 12:52 PM
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#11
  1. roughinhouse
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proof wallstreet and the SEC are corrupt as hell. He legit did not do anything other than post his gains every month and made a due diligence video in the summer of 2020. This is ridiculous.
post 1631637453 02-17-2021, 12:53 PM
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#12
  1. Silencespeaks
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Post deleted by user
post 1631637743 02-17-2021, 12:57 PM
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#13
  1. WHChampion
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Originally Posted By Silencespeaks⏩
Everyone does that stuff on both political sides.It’s the elite in general. If the gen pop really got to see what happens at elite levels there would be a total meltdown. It’s really ugly and evil at the top,
Obviously. You'll only hear about it when republicans do it though.
post 1631637753 02-17-2021, 12:57 PM
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#14
  1. Kadoobiedo
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Originally Posted By MetroBrah⏩
I don't see how they will charge him with anything. It's not like he caused all of this to happen. The guy didn't even sell at the top. He didn't even buy to squeeze out the shorts. He originally bought GME because he legitimately thought they could turn things around.
"Keith Gill, one of the most influential voices that pushed GameStop on the WallStreetBets Reddit forum..."

u w0t m8
@kadoobiedo
post 1631638153 02-17-2021, 01:02 PM
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#15
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
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Originally Posted By MetroBrah⏩
He originally bought GME because he legitimately thought they could turn things around.
This is actually the most hilarious part of the story.

hahahahahha.

brb, becoming a decamillionaire by accident.
post 1631638263 02-17-2021, 01:03 PM
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#16
  1. OLawdQuan
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Fuark. Goodnight sweet prince.
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MTC convert
post 1631638373 02-17-2021, 01:04 PM
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#17
  1. roughinhouse
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this is the **** that should actually cause a riot tbh. I'd fully support any rioters who decide to go after these corrupt rich bastards.
post 1631638573 02-17-2021, 01:07 PM
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#18
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Post deleted by user
post 1631638783 02-17-2021, 01:09 PM
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#19
  1. JoshSP1985
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Originally Posted By Silencespeaks⏩
Seems like they are building the case around the fact that he was a finance professional with securities licenses. So they are saying he was a sophisticated investor who knew what he was doing by pumping up the price on social media.
This the financial version of CONAIR where Nick Cage ends up in trouble because his hands are deemed deadly weapons?
*PUREBLOOD CREW*
*DAD CREW*
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*CCW*
post 1631639143 02-17-2021, 01:14 PM
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  1. Soonerjohn
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So reading through this, a professional investor bought call options that didn't pay off.

He is now claiming that Gill was a professional investor as well and manipulated the market via reddit.

First off, fuk reddit. Secondly, I think he can easily convince a jury that he didn't manipulate the market as an individual, especially since he can point to archived posts showing his intentions weren't manipulative but speculative because he thought it would pay off. He was even told he was an idiot and would lose everything.
post 1631639573 02-17-2021, 01:20 PM
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#21
  1. MotorCityCobra
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Originally Posted By HMFIC_BROWSIN⏩
This is actually the most hilarious part of the story.

hahahahahha.

brb, becoming a decamillionaire by accident.
His thesis is still pretty strong and GME was a 10xbagger for him even before all this squeeze crap.
Also they have NOTHING on him, and i am thankful and hope he remains a millionaire because i made 22k from GME
post 1631639713 02-17-2021, 01:22 PM
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#22
  1. HMFIC_BROWSIN
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Originally Posted By MotorCityCobra⏩
His thesis is still pretty strong and GME was a 10xbagger for him even before all this squeeze crap.
Also they have NOTHING on him, and i am thankful and hope he remains a millionaire because i made 22k from GME
Dude... GME is dead in the water.

It's more useless than blockbuster at this point.

Unless they rebrand themselves as a gym or grocery store, the idea of a brick and mortar video game shop is laughable at best.
post 1631639763 02-17-2021, 01:23 PM
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#23
  1. MyBaddBrah
  2. u wot m8
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Good. Reddits campaign wasn't based on market fundamentals. Hedge funds shorting stocks are based on market fundamentals. Hedge funds are responsible for many people's hard earned pensions. Teach these incels a lesson that sabotage isn't ok.
*Hole is Life Crew*
*Meditation Crew*
post 1631639803 02-17-2021, 01:24 PM
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#24
  1. wapacmane
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Originally Posted By Soonerjohn⏩
So reading through this, a professional investor bought call options that didn't pay off.

He is now claiming that Gill was a professional investor as well and manipulated the market via reddit.

First off, fuk reddit. Secondly, I think he can easily convince a jury that he didn't manipulate the market as an individual, especially since he can point to archived posts showing his intentions weren't manipulative but speculative because he thought it would pay off. He was even told he was an idiot and would lose everything.
the hedge funds also manipulated the market by ordering robinhood to block buying of GME shares but allows selling of GME shares, this caused the price to plummet. Obvious market manipulation.
I rep/neg back
post 1631639813 02-17-2021, 01:24 PM
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#25
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Yet, it's ok for these hedge funds to go on national financial programs and exclaim they've shorted the stock. Or make youtube videos saying the same which drives people to sell the stock and makes their be come to fruition.

This is BS.
You don't have to be great to start, but you have to start to be great.
post 1631639873 02-17-2021, 01:24 PM
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#26
  1. roughinhouse
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Originally Posted By MyBaddBrah⏩
Good. Reddits campaign wasn't based on market fundamentals. Hedge funds shorting stocks are based on market fundamentals. Hedge funds are responsible for many people's hard earned pensions. Teach these incels a lesson that sabotage isn't ok.
cuck overlord spotted.
post 1631639883 02-17-2021, 01:24 PM
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#27
  1. chino3
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I’m loling so hard at how many people can’t read past the headline... it’s a class action suit being head by a retard that sold naked calls and got wrekt. This will go away very very quickly.
"It won't get better, just different."
post 1631639933 02-17-2021, 01:25 PM
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#28
  1. N0stradamus
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They're not even trying to hide their hypocrisy anymore.

Fund managers that take short positions go on TV all the time and pump out doom and gloom propaganda with the sole intent of driving down certain share prices, and nobody ever files charges against them.....
Everything I post is satire.
Tricknology Grand Master.
post 1631639953 02-17-2021, 01:26 PM
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#29
  1. LovePollution
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I have been following DFV's interest in GME since last year. He would consistently post his positions and the reasons he chose GME, and pretty much everyone on there called him a retard who was throwing his money away. He wasn't persuading anyone to jump onboard... Everyone simply chose to once they realised he was right.

Hopefully the case gets thrown out.
How dare you!

Don't let yourself get attached to anything you are not willing to walk out on in 30 seconds flat if you feel the heat around the corner.

LTC
post 1631640023 02-17-2021, 01:27 PM
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#30
  1. Mountaineer92
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just lol at some of you *******s.


dudes a CFA, knows what to look for in investing...ie he isnt some dumb retard that pumped and dumped a stock. he held and held.

also lol @ most of you *******s that cant read.
PUREBLOOD CREW
Top G Crew

#1 Misc Tate supporter.

If you are reading this - go do 100 push ups.
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