Investors target "Roaring Kitty" with lawsuits following GameStop's rise

This will go no where. If you look at his DFV Reddit where this was all running. He didn't hype up anything; all he did was post his loss/gains against the calls he made. He didn't whip up the ensuing whirlwind, nor is there any evidence to support it. It's just as Dice said. Wallstreet are mad the common person is learning how they can play the market so it's just not just some billionaire's play club anymore
 
It will be interesting to see how far the US politicians and lawmakers are willing to prostitute themselves publicly by backing wallstreet on this.
 
It will be interesting to see how far the US politicians and lawmakers are willing to prostitute themselves publicly by backing wallstreet on this.

Pretty much any government would do it. It's how they make their money. Crooked politicians doing deals.

Only bright side is a few politicians were outspoken about this and wanted more regulations, doubt anything will come of it. They probably just wanted good press.
 
The funny thing is that short selling is a gamble, it always has been. This is that small percentage of how it can go wrong, but in this instance it went completly wrong, literally the worst possible outcome.
I wish i could say that i am sorry but, few hedge funds that have already pocketed billions and lost out this time but betting on the most likely outcome is not a sure deal.
It, like all the other loopholes the billionaires and corperations keep slipping through need to be closed up. No other industry or individual entity would be allowed to act in ways that manipulate markets and there are so many laws in place to stop it. The company i work for has had nightmares with anti-monopoly laws due to concerns of market manipulation and national economical stability.
You know his best defence would be to get an ex hedge fund investment banker to give evidence of times he and others in the market have done the exact same thing and made a profit and nobody complained.
 
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