Keith Gill Drove the GameStop Reddit Mania. He Talked to the Journal.

When former Wolf of Wallst star is on TV and claiming that colluding to buy stock is "fraud", then you know it's "fraud"

 

the problem is the classification of "financial advisor" by state regulators

if you hold public lectures or webminars on "investing" with certain stocks being promoted, you are regarded as an "advisor" and must register in your state

 

He is at around USD 40 million now according to WSJ. Have you seen somewhere what the value of his initial investment was? I believe I saw a screen shot of positions worth around 56,000 USD, but I am not sure.

 

I dont know the value but in a July video he said GME was his largest position at ~5%

 

Would there be any difference between whether he was charging for advice or not charging for advice?

 

doesn't matter, market manipulation is market manipulation, compensated or not.

 

you should also know that if you are giving investment tips to your friends, in most states you might be asked to register as an "investment advisor"

 

Are you suggesting that he was pumping and dumping it?

 

Lmfao... nah it’s still the same sec... still operating as just as madoff designed.

fuck the sec.... coming from a cpa.