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Patrick Byrne

@PatrickByrne ↗

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Last Checked Feb. 25, 2023

Created

Tue Oct 29 06:47:12 +0000 2019

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30

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7

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Patrick Byrne @PatrickByrne

Let me remind people that deliberately creating a short squeeze is illegal market manipulation as far as the SEC is concerned. Deliberately doing something in order to move the price of a stock up is illegal manipulation. 😐 — PolitiTweet.org

Posted Oct. 29, 2019 Hibernated

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Patrick Byrne @PatrickByrne

Someone asked on Twitter words to the effect, β€œwill it still force a short squeeze?” I have no idea and that was never really the plan. I recognized that it might’ve happened, but that was not β€œthe plan”. — PolitiTweet.org

Posted Oct. 29, 2019 Hibernated

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Patrick Byrne @PatrickByrne

On the other hand, paying 90% interest rates in order to hold a monster short position in place is, to the SEC, not manipulation.πŸ˜‚ just someone making a bet with no intent to affect the price of the security. πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ€£πŸ˜‚πŸ˜‚πŸ˜‚πŸ€£πŸ€£πŸ€£πŸ˜‚πŸ€£πŸ˜‚πŸ€£πŸ˜‚πŸ€£πŸ˜‚πŸ€£πŸ˜‚πŸ€£ — PolitiTweet.org

Posted Oct. 29, 2019 Hibernated

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