Shorting isn’t illegal. Longing in one account and shorting in another to make it look like he’s not doing that is. But there’s no evidence he’s doing this. if he discloses a long and subsequently sells it, that’s not illegal. Hedge funds do this all the time; so do people on this board.
We are obviously not on the same page. I suggest you go back and review what "pump and dump" means. And, yes, I agree that there's "no evidence", at least from what he has been divulging, so why not let SEC look into his account and verify what he claims is all true? Surely, you're not that gullible to believe in everything he says, are ya?
Not dismissed but retracted by the plaintiff. The plaintiff dropped the lawsuit three days after filing it. https://fortune.com/2024/07/01/game...opped-keith-gill-roaring-kitty-pump-and-dump/ And we generated a whole thread over it. Baron's server space well spent. LOL
It is time for Roaringkitty to counter-sue Martin Radev for being gullible/foolish or whatever. Anyway, it is better for Roaringkitty to focus on manipulating the market legally through social media.
Nah the huge lawyer's bill that the plaintiff will have to pay for launching such a frivolous lawsuit so irresponsibly is punishment enough. Don't think Roaring Kitty incurred any legal cost if the lawsuit was dropped three days after it was filed.
I know what a pump and dump is. You are talking about secret accounts as if they were true. I think it's unlikely that he shorted stock in another account. He would need in excess of 200MM just to maintain the margin req. The SEC will look into it if they feel it makes sense. Since it's well believed by the Apes that the SEC is in the pocket of big hedgefunds, if there's any inkling of shenanigans, they will investigate thoroughly.