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A comment on AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains. Parent comment

Re:AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains by vimy on Wednesday February 03, 2021 @02:17PM (#26017843)
The SEC doesn’t have a case. He’s been holding for 2 years and was laughed at many times by people on the wallstreetbets sub.
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Re:AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains by cperciva on Wednesday February 03, 2021 @04:35PM (#26019464)
The SEC wouldn't be prosecuting him for holding GME. They would be prosecuting him for pumping up the stock price.
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Re:AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains by vimy on Wednesday February 03, 2021 @04:57PM (#26019699)
My point is that the sub didn't take him and GME seriously until December or something. You can't be a laughing stock and a pump and dump mastermind at the same time.
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Re:AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains by cperciva on Wednesday February 03, 2021 @06:42PM (#26020763)
I'm not so sure about that. Spending 2 years trying to pump the stock and failing doesn't change what happened later. You can't escape a murder charge by saying "I spent two years trying and failing to kill the victim"!
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