3 ms·
'low-information meme investors'. Unfortunately, true for many. Would be great if the CFTC would revert the financial reporting requirements for bank swap deale
by dirtwolf22 3y ago
'low-information meme investors'. Unfortunately, true for many. Would be great if the CFTC would revert the financial reporting requirements for bank swap dealers (https://www.cftc.gov/PressRoom/PressReleases/8746-23 https://www.cftc.gov/PressRoom/PressReleases/8746-23). Specifically: https://www.law.cornell.edu/cfr/text/17/23.105 https://www.law.cornell.edu/cfr/text/17/23.105
As for 'defend Cohen', He wrote a letter to the board specifically calling out the company’s executive compensation structure as noted in the article. They ignored him. He held through a 50% loss then when finally profitable filed his paperwork to sell. Any informed investor looking at the fundamentals would know the risk of this vs just reacting to noise on social media.