For the SEC, it’s not fraud when someone contends that a stock is undervalued, even if such arguments are disseminated to millions through social media. What becomes problematic is if investors post specific claims that aren’t opinions, such as asserting that a company is planning to file for bankruptcy. But homing in on such commentary, figuring out who’s behind it and what their motives are can be difficult for government agencies with limited resources like the SEC.
By this assertion, Melvin Capital is the one who should be investigated
This could be huge if they really try and stop a bunch of reddit investors from trading stock tips based on absolutely nothing but what they think is a good deal. There is a lot of laws involved and this is all about money which again is a good reason for people to sue if they are treated unfairly.
I didn't hear a single allegation of insider trading or anything.
Nancy Pelosi has done worse than this every year she has been in office.
We should all go to the SEC website and submit a tip about her insider trading.
So far they are reviewing the sub for any violations, so nothing big (yet)
Will they find any?
Will a simple shitposter farming for tendies get arrested?
Only time will tell, but the fact they are investigating means the chances are non-zero
They SHOULD be investigating Melvin Capital instead because their toxic activities allowed for this to happen in the first place
By this assertion, Melvin Capital is the one who should be investigated
But they like the stock!
This could be huge if they really try and stop a bunch of reddit investors from trading stock tips based on absolutely nothing but what they think is a good deal. There is a lot of laws involved and this is all about money which again is a good reason for people to sue if they are treated unfairly.
I didn't hear a single allegation of insider trading or anything.
Nancy Pelosi has done worse than this every year she has been in office.
We should all go to the SEC website and submit a tip about her insider trading.
Members of Congress and the Senate are immune from insider trading laws.