Author Topic: Deep F______ Value  (Read 21250 times)

Jurgis

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Re: Deep F______ Value
« Reply #20 on: February 04, 2021, 01:37:51 PM »
I guess sharing research and opinions about stocks in online message forums is market manipulation?

What world are we living in?

I mean, they're just investigating, no judgement is made yet. But I get your point, of all the shady crap that goes on, this is the one they decide to delve into...

Remember the good old days, when the SEC were literally handed a full blown case into a hundred billion dollar ponzi scheme, and did absolutely nothing with it?

If they did not investigate, there would be an outcry that they are not investigating...  ::)
"Human civilization? It might be a good idea." - Not Gandhi
"Before you can be rich, you must be poor." - Nef Anyo
"Money is an illusion" - Not Karl Marx
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JRM

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Re: Deep F______ Value
« Reply #21 on: February 04, 2021, 01:48:02 PM »
That made me laugh.  I guess I'm wondering why now when reddit subgroups have been gamma squeezing Tesla for the past 12+ months.
« Last Edit: February 04, 2021, 03:54:43 PM by JRM »

Jurgis

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Re: Deep F______ Value
« Reply #22 on: February 04, 2021, 02:24:32 PM »
Publicity is reflexivity.

(TM)

I'm likely gonna add this to my sig.
"Human civilization? It might be a good idea." - Not Gandhi
"Before you can be rich, you must be poor." - Nef Anyo
"Money is an illusion" - Not Karl Marx
-----------------------

Spekulatius

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Re: Deep F______ Value
« Reply #23 on: February 04, 2021, 02:38:27 PM »
I guess sharing research and opinions about stocks in online message forums is market manipulation?

What world are we living in?

I mean, they're just investigating, no judgement is made yet. But I get your point, of all the shady crap that goes on, this is the one they decide to delve into...

Remember the good old days, when the SEC were literally handed a full blown case into a hundred billion dollar ponzi scheme, and did absolutely nothing with it?

If they did not investigate, there would be an outcry that they are not investigating...  ::)

Itís in the news everywhere, so politicians have to take a look. In my opinion, there is nothing to investigate, itís all out there in his YouTube videos.  Maxine Waters should watch a couple of them from 5-6 month ago when he got started and I bet she could learn something, if she cared.
Life is too short for cheap beer and wine.

RadMan24

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Re: Deep F______ Value
« Reply #24 on: February 06, 2021, 12:29:37 PM »
He was anonymous on youtube giving investment ideas and working at mass mutual at the same time. Masshole regulator always gets in the way...

SharperDingaan

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Re: Deep F______ Value
« Reply #25 on: February 06, 2021, 02:31:11 PM »
He will be investigated but set free - 'cause he did nothing wrong.

A post on a social media site is simply 'entertainment'. An 'investment recommendation', is also NOT subject to censure, as long as it is NOT made by a designated investment professional (CFA, FCSI, etc.). DFV was just good at 'promotion', and acted on his opinions, which is not illegal. Similarly, much of the daily media 'news' is entertainment, and not subject to censure, if a professional broadcaster was not involved in its production.

It really just highlights how out of date the current Investment Act is.
No change for a very long time, until one day the dam breaks - and its a six-sigma event.

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cherzeca

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Re: Deep F______ Value
« Reply #26 on: February 06, 2021, 02:56:58 PM »
there is a difference between a corporate insider using social media (MUSK) and some shareholder....like you or me. nothing to see here...

SharperDingaan

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Re: Deep F______ Value
« Reply #27 on: February 06, 2021, 03:26:23 PM »
there is a difference between a corporate insider using social media (MUSK) and some shareholder....like you or me. nothing to see here...

Sadly I'm not so sure ....
Agreed, an insider cannot pump his/her company during a 'blackout' period - but outside of that? demonstration of ongoing confidence is somewhat expected. If not speaking of your own firm, then a conference speaking to the developing prospects for your sector of the industry. Tweet directly, or use a professional, you're still using social media.

SD
« Last Edit: February 06, 2021, 03:29:14 PM by SharperDingaan »

gfp

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Re: Deep F______ Value
« Reply #28 on: February 06, 2021, 04:18:40 PM »
He will be investigated but set free - 'cause he did nothing wrong.

...NOT subject to censure, as long as it is NOT made by a designated investment professional (CFA, FCSI, etc.).
...
SD

But that is exactly where they will go after him.  By saying that he IS a designated investment professional.  He was a registered broker with Finra, and also a CFA.

But I agree with you that he should not be punished and did nothing wrong.  But that doesn't mean he didn't break rules of his profession that leave him open to having to deal with this shit.

cherzeca

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Re: Deep F______ Value
« Reply #29 on: February 06, 2021, 05:53:07 PM »
He will be investigated but set free - 'cause he did nothing wrong.

...NOT subject to censure, as long as it is NOT made by a designated investment professional (CFA, FCSI, etc.).
...
SD

But that is exactly where they will go after him.  By saying that he IS a designated investment professional.  He was a registered broker with Finra, and also a CFA.

But I agree with you that he should not be punished and did nothing wrong.  But that doesn't mean he didn't break rules of his profession that leave him open to having to deal with this shit.

if I read correctly, DFV has $14MM in cash now plus some GME, and is not a practicing CFA.  I would be chillin if I were him