The SEC Anvil Is Coming For GME And AMC
Summary
- There's a group of fringe hedge funds and HNW individuals in focus.
- The SEC has gathered irrefutable evidence of collusion.
- Permanent bans of traders and potential delisting of select stocks.
I've personally seen some of the collusion in GME and AMC first hand - and so has the SEC. They've gathered and been provided with ample evidence documenting blatant collusion and market manipulation.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.