This is so off topic, it’s not

2021-09-16

This is so off topic, it’s not funny. The focusshouldn’t be about coordinated efforts of Reddit investors. The topics should be synthetic shares and dark pool trading. You get to interview the SEC chair and you don’t ask about critical issues? Cramer is as useless as they come.

SEC Chair Gensler defends Reddit, GameStop investors' right to 'smash' short sellers

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MrTig3r
2021-09-16
MrTig3r
he is there to create sensation.. not to ask the right questions..

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You get to interview the SEC chair and you don’t ask about critical issues?&nbsp;Cramer is as&nbsp;useless as they come.&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>This is so off topic, it’s not funny. The focusshouldn’t be about&nbsp;coordinated efforts of Reddit investors. The topics should be synthetic shares and dark pool trading. You get to interview the SEC chair and you don’t ask about critical issues?&nbsp;Cramer is as&nbsp;useless as they come.&nbsp;</p></body></html>","text":"This is so off topic, it’s not funny. The focusshouldn’t be about coordinated efforts of Reddit investors. The topics should be synthetic shares and dark pool trading. You get to interview the SEC chair and you don’t ask about critical issues? Cramer is as useless as they come.","highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/885376768","repostId":2167591398,"repostType":4,"repost":{"id":"2167591398","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1631759340,"share":"https://www.laohu8.com/m/news/2167591398?lang=&edition=full","pubTime":"2021-09-16 10:29","market":"us","language":"en","title":"SEC Chair Gensler defends Reddit, GameStop investors' right to 'smash' short sellers","url":"https://stock-news.laohu8.com/highlight/detail?id=2167591398","media":"Dow Jones","summary":"'Before we had television, people did it on the radio, now we have various social media platforms,' ","content":"<p>'Before we had television, people did it on the radio, now we have various social media platforms,' the regulator said</p>\n<p>Washington's top stock market cop is showing no appetite to crack down on the behavior of millions of retail investors who use forums on Reddit and other social media platforms to coordinate investment strategies, sometimes at the expense of established Wall Street short sellers.</p>\n<p>During a Wednesday interview, CNBC's Jim Cramer asked U.S. Securities and Exchange Commission chair, Gary Gensler, whether the SEC should step in to prevent a coordinated effort by Reddit investors to \"smash\" short sellers who bet against popular meme stocks like GameStop Corp. <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> and AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a></p>\n<p>\"If three hedge fund members work in concert to smash a short hedge fund, the 5 million Reddit people would say that's illegal, but perhaps it shouldn't be,\" Cramer said. \"If 5 million people decide to smash a hedge fund that's short, is that ok? What's within the bounds of what you can do to smash a short seller?\"</p>\n<p>GameStop became a popular investment on social media in part because retail investors saw the company as being unfairly attacked by short sellers who were driving down the price of a stock and risked making the company's failure a self-fulfilling prophecy.</p>\n<p>Gensler declined to comment specifically on the GameStop situation, but defended the right of individuals to speak freely about investment opportunities and to convince fellow investors to copy their trading strategies.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SEC Chair Gensler defends Reddit, GameStop investors' right to 'smash' short sellers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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What's within the bounds of what you can do to smash a short seller?\"</p>\n<p>GameStop became a popular investment on social media in part because retail investors saw the company as being unfairly attacked by short sellers who were driving down the price of a stock and risked making the company's failure a self-fulfilling prophecy.</p>\n<p>Gensler declined to comment specifically on the GameStop situation, but defended the right of individuals to speak freely about investment opportunities and to convince fellow investors to copy their trading strategies.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167591398","content_text":"'Before we had television, people did it on the radio, now we have various social media platforms,' the regulator said\nWashington's top stock market cop is showing no appetite to crack down on the behavior of millions of retail investors who use forums on Reddit and other social media platforms to coordinate investment strategies, sometimes at the expense of established Wall Street short sellers.\nDuring a Wednesday interview, CNBC's Jim Cramer asked U.S. Securities and Exchange Commission chair, Gary Gensler, whether the SEC should step in to prevent a coordinated effort by Reddit investors to \"smash\" short sellers who bet against popular meme stocks like GameStop Corp. $(GME)$ and AMC Entertainment Holdings Inc. $(AMC)$\n\"If three hedge fund members work in concert to smash a short hedge fund, the 5 million Reddit people would say that's illegal, but perhaps it shouldn't be,\" Cramer said. \"If 5 million people decide to smash a hedge fund that's short, is that ok? What's within the bounds of what you can do to smash a short seller?\"\nGameStop became a popular investment on social media in part because retail investors saw the company as being unfairly attacked by short sellers who were driving down the price of a stock and risked making the company's failure a self-fulfilling prophecy.\nGensler declined to comment specifically on the GameStop situation, but defended the right of individuals to speak freely about investment opportunities and to convince fellow investors to copy their trading strategies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":811,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":231,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":5888085,"commentId":"5888085","gmtCreate":1631774418656,"gmtModify":1663233962332,"authorId":3584333947690568,"author":{"id":3584333947690568,"idStr":"3584333947690568","authorId":3584333947690568,"name":"MrTig3r","avatar":"https://static.tigerbbs.com/b99cfe4b0a492018c40761a39a193aa8","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.05.10","exceedPercentage":"80.75%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":885376768,"objectIdStr":"885376768","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"he is there to create sensation.. not to ask the right questions..","text":"he is there to create sensation.. not to ask the right questions..","html":"he is there to create sensation.. not to ask the right questions..","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/885376768"}