AMC Falls After Trading Halt: Was This Illegal?
AMC falls more than 8% the day after market makers halted trading, though the SEC has the power to halt trading as well. The theatre chain stock had risen to more than $34 per share shortly after the market opened. But a trading halt seized retail…
Elon Musk: Hedge Funds Tank Stocks Using “Short & Distort”
Elon Musk, one of the most influential people and geniuses of our time is speaking out on hedge funds and the SEC. The Tesla and SpaceX CEO exchanged emails with CNBC on this exclusive take and shares his thoughts on short sellers and regulators alike.…
Citadel Pulls $2 Billion From Gabe Plotkin’s Melvin Capital
Citadel just pulled $2 billion from Melvin Capital after the hedge fund has failed to recover from shorting ‘meme stocks’ last year. Melvin Capital lost $6.8 billion in January of 2021 and has not been able to get out of the trenches since.…
The ‘Apes’ Have Exposed Market Corruption: But What’s Being Done?
The ‘apes’ have exposed a number of problems within the financial markets and now experts are curious as to what’s next. Investors have been fighting the SEC on market injustices over the decades but have had no luck in creating change.…
TD Ameritrade Bartlett Warehouse Burns After Investigation Announcements
The Bartlett Warehouse fire seems to be a records storage facility owned by TD Ameritrade Inc. The retail community finds it incredibly suspicious since the incident occurred after the SEC announced 60 hedge funds were to undergo investigations for…
