Re:The Reddit GME short squeeze game plan (143 days old)
by vagrantJin on Saturday January 30, 2021 @11:58AM
(#25970672)
Yes. Because u/TigBitties_450 is someone the SEC can track and prosecute. The anonymity of the reddit forum Just exposed a gigantic loophole that was suddenly shot into the spotlight. The jig is up.
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Re:The Reddit GME short squeeze game plan (143 days old)
by anonuser123456 on Saturday January 30, 2021 @12:06PM
(#25970745)
- ISPs generally keep your IP logged for 6-18 months.
- Reddit has your IPs logged for 100 days.
- The SEC knows all financial transactions.
Shouldn't be too hard to triangulate u/TigBitties_450 if he actually did any trading on the stock.
Re:The Reddit GME short squeeze game plan (143 days old)
by vagrantJin on Saturday January 30, 2021 @12:23PM
(#25970905)
Haha. U/TigBitties_450 and 500K others just bought 1 to 10 shares of GME, does the SEC see it as good use of their resources? If they are going to be fined it should be proportional to what hedge funds and banks get fined for similar transgressions.
They should take this in the chin as a massive failing on their part to regulate the market just like they did in '08 aftermath when trillions of dollars and the world economy crated because of those same banks and hedge funds.