3 ms·
A tried and tested money making strategy scheme. Step 1. Buy stock options betting the price will go down. Step 2. Engage in fraud to damage the company, legi
by metadat 4y ago
A tried and tested money making strategy scheme.
Step 1. Buy stock options betting the price will go down.
Step 2. Engage in fraud to damage the company, legitimizing it through Twitter Blue.
Step 3. Profit.
Totally morally bankrupt, unethical, and sleazy disgusting , though.
- MBCook 4y agoSeems like a terrible strategy to me. You would stick out like a sore thumb to the SEC when they came looking and go straight to jail.
- metadat 4y agoHow will they prove it? Use a disposable gift card credit card from your buddy.
- UncleEntity 4y agoPretty sure they track the money the other way, not who spent $8 but who gained $8,000,000,000.
- metadat 4y agoThe enforcers still need to prove it in a court. Actual real-life insider trading happens all the time in America, even our elected congressman partake. Who can blame them, considering the relatively low / modest government wages. For reference, see "Unusual_Whales". https://twitter.com/unusual_whales https://twitter.com/unusual_whales Reality sure does suck for non-elites.
- themitigating 4y agoYour reference shows unusual trades but not proof of insider trading.
- metadat 4y agoPrecisely, they just get really lucky every time. Statistics schmetistics.
- themitigating 4y agoDoes this show all trades or only ones which they made money and were related to legislation? If the latter then the statistics aren't complete
- deleted 4y ago[deleted]
- JamesianP 4y agoOr they just trap you into "lying" to the feds and lock you up for obstruction. It's quicker.
- dilyevsky 4y agoIs your buddy Phil Leotardo that you’re so sure he’s not going to tell on you when fbi charges him with 20 years worth of felonies?
- metadat 4y ago<3 I wish I was the one making bank off human stupidity. Hint: Ensure your "friend" does not reside in the USA or an otherwise extradition-friendly country. The credit system is global, especially for $8. C'mon, you only live once! Best make it interesting and worthwhile.
- krapp 4y agoIt's just a prank, bro.
- BeFlatXIII 4y agoThat's when relocation to countries without extradition treaties with the US comes in handy.
- 14u2c 4y agoWell, your first problem there (among many) is that Twitter is no longer a public company.
- basicplus2 4y agoI presume they are talking about Eli and who ever pranked them
- BeFlatXIII 4y agoMeh. It's just more efficient cheating at the stock market casino. I can't be bothered to care anymore.
- metadat 4y agoThis is how the elites continue to win - via our apathy.
- BeFlatXIII 4y agoThis seems to be a case of a new elite coming to power by stealing from the establishment elite.
- c7b 4y agoYeah, except that he took a leveraged long position, not short, it wouldn't work because the company is no longer publicly traded, and he could go to jail for just attempting that.