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Selling calls on a meme stock in the middle of a short squeeze looks quite stupid to me. Especially naked calls, you're just asking to getting your face ripped
by raziel2701 6y ago
Selling calls on a meme stock in the middle of a short squeeze looks quite stupid to me. Especially naked calls, you're just asking to getting your face ripped off, and that's exactly what happened, and this guy is trying to shift the consequences of his dumb moves to a scapegoat.
There's really nothing redeeming about this lawsuit. Shame that Keith has become the focus of this show when really he did nothing wrong, it's just that he became the face of the squeeze and dumb people want to ascribe responsibility to him.
I guess it's a cautionary tale about coming out publicly, you become the target of very petty people. I hope the SEC does its job and goes after all the naked short selling and investigates all the failures to deliver that preceded the squeeze. But I'm cynical.