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Reply to "Roaring Kitty hits 400 million "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m calling it: this dude will spend quality time in Club Fed in a few years [/quote] He was already cleared by the SEC after his first big coup on GME three years ago. He had no inside info; in fact, the company was completely taken by surprise. He just thought it was a good value (at the time) and he was a popular contributor on Reddit. This guy just understands the power of meme stocks, herd behavior, and how personalities can move the markets. He knows the Reddit masses will follow him to push up the price of shares. [/quote] Remember that you can be convicted of insider trading without true inside information from the company. Foster Winans got convicted for violating the WSJ’s internal policies by trading in advance of his columns. Pump and dump is a thing.[/quote]
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