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Strategies & Market Trends : Value Investing

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To: S. maltophilia who wrote (66256)1/27/2021 12:52:36 PM
From: gcrispin  Read Replies (2) of 78768
 
I really don't think that the SEC is going to touch retail message boards. That is a free speech issue. Now if someone is touting a stock at the same time they are selling it, that gets to be dicey.

What the SEC should do is not allow the number of shares short to be larger than the outstanding shares.

Michael Burry probably has to put out something like that. And I'm sure it is sincere. But, those Reddit retailers also made him a lot of money.

The bottom line is that short sellers are going to have to factor in the social media flow to what they are shorting now. Social media has a major impact in all areas of our culture. No one is immune.
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