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

post 1631640233 02-17-2021, 01:30 PM
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#31
  1. HMFIC_BROWSIN
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Originally Posted By Mountaineer92⏩
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.
So by this logic, you should open a video rental store immediately.

That's literally how dumb this was as an "investment"

the only reason this stonk went to $480 was because of mania. and that is the ONLY reason.

hurr durrrrr fundamentals!

Not sure if srs.
post 1631640283 02-17-2021, 01:30 PM
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#32
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Originally Posted By roughinhouse⏩
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.
He posted daily during the crazy GME spikes and rebounds. One could argue those particular posts were done to inspire others to "Hold" and help inflate the price. But the flip side is he also posted evidence of when it was dropping that he didn't sell it. He stopped posting while it was still like $300+ a share, so he probably sold and brought in millions still.

I agree with you though, he's not a fault. A lot of his investing and holding for GME began long ago in early 2020.
post 1631640463 02-17-2021, 01:32 PM
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#33
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Originally Posted By Visel⏩
He posted daily during the crazy GME spikes and rebounds. One could argue those particular posts were done to inspire others to "Hold" and help inflate the price. But the flip side is he also posted evidence of when it was dropping that he didn't sell it. He stopped posting while it was still like $300+ a share, so he probably sold and brought in millions still.

I agree with you though, he's not a fault. A lot of his investing and holding for GME began long ago in early 2020.
He was forced to stop because thats when he got in "trouble" with the law but he could've also sold. He did trim 13 mill early on.
post 1631640803 02-17-2021, 01:36 PM
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#34
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Originally Posted By Visel⏩
He posted daily during the crazy GME spikes and rebounds. One could argue those particular posts were done to inspire others to "Hold" and help inflate the price. But the flip side is he also posted evidence of when it was dropping that he didn't sell it.He stopped posting while it was still like $300+ a share,so he probably sold and brought in millions still.

I agree with you though, he's not a fault. A lot of his investing and holding for GME began long ago in early 2020.
No

https://www.reddit.com/r/wallstreetb...tm_name=iossmf

Last post was @ $80. He was posting daily through $300 down to $130, back up, and then back down...

https://www.reddit.com/u/Deep****ing...tm_name=iossmf
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post 1631641613 02-17-2021, 01:45 PM
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#35
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Did you guys even read the article?

"The would-be plaintiff representing investors in the case, Christian Iovin of Washington state, sold $200,000 worth of call options on GameStop shares when the stock was below $100. The stock quickly eclipsed $400 a share, forcing him to buy the calls back at elevated prices."

Essentially this dude bet against Gamestop and allegedly had no idea the entire WSB thing was happening. Had to buy back at $400, which screwed him over royally. Don't see what DFV could have done wrong. Dude got screwed by the market in a completely legal way, and if now facing repercussions.
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post 1631641743 02-17-2021, 01:46 PM
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#36
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They cant do jack sh!t
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post 1631641813 02-17-2021, 01:48 PM
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#37
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THE PLAINTIFF

The would-be plaintiff representing investors in the case, Christian Iovin of Washington state,sold $200,000 worth of call options on GameStop shares when the stock was below $100. The stock quickly eclipsed $400 a share, forcing him to buy the calls back at elevated prices.
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post 1631641843 02-17-2021, 01:48 PM
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#38
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Good, phuck these piece of chit reddit nerds. It's bad enough to encounter them on that cesspool of a website, but for them to phuck with us in the real world, it's like they have stepped out of their bubble and it's time to slap them with the real world.
post 1632081423 02-22-2021, 04:52 PM
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#39
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Oof the “assumption of responsibility” test
post 1632094373 02-22-2021, 07:30 PM
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#40
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Originally Posted By MEDITATE⏩
They cant do jack sh!t
They can tie him up in EXPENSIVE litigation for years. This is why we needed TORT reform decades ago. One political party always stopped it. They do the bidding of lawyers and lawyers are some of their most prolific donors and most of them are members of that party. You can guess the party.

They're trying to do this to Trump too. They will spend the next couple of decades going after him, his family, his business operations, and his friends by filing frivolous lawsuit after frivolous lawsuit. Because they are lawyers and activists, they can persecute their enemies virtually for free. The goal is not to win against Trump, it's to make his life miserable and force him to spend a significant amount of money defending himself.

Never piss off a lawyer. They know how to exploit the judicial system to make your life miserable.
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post 1632094683 02-22-2021, 07:34 PM
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#41
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Originally Posted By BulkingIsHard⏩
What do you expect when you make public posts telling everyone to pump and dump?
Is that how it works? Collusion to pump and dump is illegal (srs I have no idea how it works)
post 1632097173 02-22-2021, 08:10 PM
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#42
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Originally Posted By MiscInformed⏩
They can tie him up in EXPENSIVE litigation for years. This is why we needed TORT reform decades ago. One political party always stopped it. They do the bidding of lawyers and lawyers are some of their most prolific donors and most of them are members of that party. You can guess the party.

They're trying to do this to Trump too. They will spend the next couple of decades going after him, his family, his business operations, and his friends by filing frivolous lawsuit after frivolous lawsuit. Because they are lawyers and activists, they can persecute their enemies virtually for free. The goal is not to win against Trump, it's to make his life miserable and force him to spend a significant amount of money defending himself.

Never piss off a lawyer. They know how to exploit the judicial system to make your life miserable.
Most the lawyers I've met aren't activists, they only approve the liberal agenda because it can make them personally profitable.

He will most likely get hit with the "Choose to settle for $1 million right now, otherwise risk fighting in court, spending years of your time, spending $1 mil in lawyer fees, and if you lose we will take all $13 million" type offer.
post 1632110833 02-22-2021, 11:12 PM
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#43
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Originally Posted By MiscInformed⏩
They can tie him up in EXPENSIVE litigation for years. This is why we needed TORT reform decades ago. One political party always stopped it. They do the bidding of lawyers and lawyers are some of their most prolific donors and most of them are members of that party. You can guess the party.

They're trying to do this to Trump too. They will spend the next couple of decades going after him, his family, his business operations, and his friends by filing frivolous lawsuit after frivolous lawsuit. Because they are lawyers and activists, they can persecute their enemies virtually for free. The goal is not to win against Trump, it's to make his life miserable and force him to spend a significant amount of money defending himself.

Never piss off a lawyer. They know how to exploit the judicial system to make your life miserable.
they can do whatever they want . if they dont have a case against him they can do JACKSH!T he can tell them to go fukc themselves and have one of these probono lawyers defend him .


trump has his own lawyers do his stuff. he just go play golf. pretty sure this redditor have enough $$ on him now to have atleast 10 lawyers to do all this pointless stuff
Cherish your life. Live to tell your story
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