That's when you see Section 9 of the Securities Exchange Act of 1934 awaken from its ancient slumber.
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If you're wondering, the Supreme Court has long been very resistant to reading the major provisions of the securities laws as outlawing even fairly predatory market activity that is out in the open with no lies or undisclosed interests https://supreme.justia.com/cases/federal/us/472/1/ …pic.twitter.com/4SLkbyQzNk
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The music has stopped. Hope you are out.
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inevitable.
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Lol at the SEC lying in wait to spring a trap
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Not a trap so much as waiting for the easier, cleaner case.
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The co-founder of Chewy bought 10% of Gamestop in August and upped his stake to 13% of the company last month. Just saying.....
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I wonder if he has sold any since
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