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D
a month ago

Advancing Underappreciated Technologies

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Do you think regulators will step-in regarding r/wallstreetbets & GameStop? Do think it's warranted?

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do I think regulators will step in. We're going well, sir, that's games up. Do you think it's important to do so? I think they're going to do a review and whether they step in and do anything. Um, you know, I'm answering this once. It's somewhat all said and done. Um, you know, Gamestop is down from being a $30 billion company back to being ah for $5 billion company, um, and still still on the way down, probably back to a billion or two. And I think this is one of those situations where more to the concern of the regulators is probably How did how did more than 100% of the shares end up short? And also, you know, pumping rules or promoting rules still need to be followed. And I'm not sure how that pertains to Wall Street. That's you know, if there's any professionals there that would be restricted and the acting against the regulations so we'll see what the review brings up. But I don't know if I'm to say whether it's warranted or not. Um, you know, based on the current evidence. So let's see what the review turns up

D
a month ago

Advancing Underappreciated Technologies

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