> Social Capital’s Chamath Palihapitiya jumped into the controversial name, saying in a Tuesday tweet that he bought GameStop call options betting the stock wil

> Social Capital’s Chamath Palihapitiya jumped into the controversial name, saying in a Tuesday tweet that he bought GameStop call options betting the stock will go higher. His tweet seemed to intensify the rally in the previous session. The stock ended the day 92% higher at $147.98. This is growing into a bigger problem. The thought of Twitter influencers (example with E. Musk / Etsy, yesterday [1]) heavily moving the value of stocks with a simple tweet is not really reassuring. The SEC should start investigating properly into it, from personal benefits to bigger company wide fraud, the regulators need to act before this is the new norm. [1] https://edition.cnn.com/2021/01/26/investing/elon-musk-etsy-twitter/index.html https://edition.cnn.com/2021/01/26/investing/elon-musk-etsy-...