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Still think TITNC3: Return of the Iceberg was peak

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

  1. Oct 26, 2021 at 12:32 PM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    https://finance.yahoo.com/news/twit...4.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr

    (Bloomberg) -- The man behind a popular Twitter account that promoted penny stocks was criminally charged for touting securities while simultaneously dumping shares, the latest sign that authorities are setting their sites on the social-media frenzy that’s invaded U.S. equity markets.
    Steven Gallagher, 50, was taken into custody in Ohio Tuesday for running a pump-and-dump scheme that netted him more than $1 million through the Twitter handle, @AlexDelarge6553, according to a criminal complaint filed in federal court in Manhattan. Gallagher, who has touted at least 60 companies since the end of 2019, continued the manipulative conduct even after his brokerage firm closed his account, the Securities and Exchange Commission alleged in a parallel civil case.


    Gallagher’s alias, Alexander Delarge, is the name of the sociopathic gang leader who Malcolm McDowell played in the 1971 film “A Clockwork Orange.” The 655321 figure Gallagher includes in his Twitter handle was the prison number for McDowell’s character in the movie. It wasn’t immediately clear whether Gallagher had retained a lawyer to respond to the government’s charges.

    This year’s wild trading of meme stocks has been a focus for the SEC, which wants to make sure the army of retail investors who’ve taken to buying and selling shares aren’t getting fleeced. A particular target has been penny stocks. In February, the regulator suspended 15 stocks from trading due to concerns that their prices were being artificially inflated through social media by scammers.

    Read more: SEC Suspends Trading in 15 Stocks That Got Hyped on Social Media

    Gallagher traded over-the-counter stocks, including SpectraScience Inc, SPO Global Inc. and Alpine Holdings Inc.. Prosecutors say he amassed large positions, took to Twitter to promote the companies and then secretly sold his positions as other investors piled in. All the while, he publicly claimed he was in for the long haul.

    In the SpectraScience trade, for example, Gallagher allegedly coordinated with other traders to buy shares in the defunct company, which hasn’t filed SEC financial statements since 2017. Gallagher acquired more than 20 million shares of the penny stock and touted it in a series of colorful tweets, showing purported screenshots of his brokerage orders, according to the criminal complaint filed by Manhattan federal prosecutors. He sold while continuing to promote the shares, writing: “Haven’t sold a share yet!”

    Most Read from Bloomberg Businessweek
     
  2. Oct 26, 2021 at 12:40 PM
    kairo

    kairo [OP] >_>

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    Good job SEC. Get the jaywalkers while you let the serial killers run free.
     
  3. Oct 26, 2021 at 12:40 PM
    Nimble9

    Nimble9 visit squareonecreations.com Vendor

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    No dice. I submitted a ticket to discord.

    I'm a tech guy and I can't figure it out. cleared cache, logged out, tried to log back in and still stuck trying to join.

    I'm not buying into Discord when it IPOs for sure now lol

    Edit: Just for testing I joined the AOE server without issues.

    Who?
     
  4. Oct 26, 2021 at 12:40 PM
    BudFriendguy

    BudFriendguy TRD BRGLR

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    You've gone full-blown Reddit crackpot. Welcome to the club.

    Also, saw this and thot of u Kairo.
    [​IMG]
     
    MY50cal, not_nick, CrippledHo and 3 others like this.
  5. Oct 26, 2021 at 12:42 PM
    BudFriendguy

    BudFriendguy TRD BRGLR

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    UnusualWhales has made some very questionable statements in the past and apparently pumps sketch tickers during live streams.

    Me personally, I avoid anyone chasing any sort of clout/following and that generally keeps me safe from influence.
     
  6. Oct 26, 2021 at 12:44 PM
    Nimble9

    Nimble9 visit squareonecreations.com Vendor

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    I like their alerts, plus they have been going IN on disclosing which congresspeople are clearly insider trading. there was like a few days where that's all it was lol

    upload_2021-10-26_15-43-22.jpg
     
    98tacoma27 likes this.
  7. Oct 26, 2021 at 12:44 PM
    rnish

    rnish Well-Known Member

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    Did you guys read the last paragraph?
     
  8. Oct 26, 2021 at 12:46 PM
    BudFriendguy

    BudFriendguy TRD BRGLR

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    [​IMG]

    My crystal ball is showing me something. It's not 100% clear yet, but it's definitely in motion...

    upload_2021-10-26_12-49-24.jpg
     
  9. Oct 26, 2021 at 12:46 PM
    MedlinAround

    MedlinAround Failure is the result of letting setbacks stop you

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    Go ITRM Go! Just another $2 more! Lol
     
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  10. Oct 26, 2021 at 12:47 PM
    kairo

    kairo [OP] >_>

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    I hate all the nitwits who spam quotes from that movie. You know the one. But I'm gonna do it anyways.

    I may have been early but I was not wrong.
     
  11. Oct 26, 2021 at 12:48 PM
    scottstrong89

    scottstrong89 AhsokaTaco

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    That’s annoying. Hopefully they get you sorted out quickly.
     
    98tacoma27 and Nimble9[QUOTED] like this.
  12. Oct 26, 2021 at 12:49 PM
    Nimble9

    Nimble9 visit squareonecreations.com Vendor

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    If I was paying for the alerts I'd be super annoyed lol
     
  13. Oct 26, 2021 at 12:57 PM
    BudFriendguy

    BudFriendguy TRD BRGLR

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    Thing is even if they "win" with GME (they won't), there are still hundreds of thousands of newly minted r*tards who are more involved than they ever would have been in both investing and market oversight.

    We care now, we are invested (sorry) now, more people are watching and if the people stuffing bananas in their asses get fat stacks of money (see: "free speech") then you can bet your banana-less ass change is coming.

    Politicians dance for their supper and right now those controlling the purse strings prefer this sick bit of regulatory burlesque.
     
  14. Oct 26, 2021 at 1:03 PM
    ThunderCookies

    ThunderCookies This is the Wait

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    And even if GME doesn’t moon, those people still stuck bananas up their asses. You can’t take that away from them
     
  15. Oct 26, 2021 at 1:07 PM
    BudFriendguy

    BudFriendguy TRD BRGLR

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    If nothing else GME has exposed me to more stranger's buttholes and tiddies than any other stock ever has.

    Suck on that, Elon! :luvya:
     
  16. Oct 26, 2021 at 1:07 PM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    Why was a defunct company still listed?
     
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  17. Oct 26, 2021 at 1:10 PM
    RedWings44

    RedWings44 Well-Known Member

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    I can't complain about Elon. He's the only reason my portfolio is making money right now. Everything else is down
     
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  18. Oct 26, 2021 at 1:16 PM
    kairo

    kairo [OP] >_>

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    oh shit oh fuck
     
  19. Oct 26, 2021 at 1:28 PM
    kairo

    kairo [OP] >_>

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  20. Oct 26, 2021 at 1:29 PM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    :eek:
     

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