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Newly-deceased stablecoin UST and others like it are death spiral convertible bonds in disguise. Whoever crashed UST and LUNA is selling death spirals directly to retail.
Death Spiral Convertible Bonds, Another Missing Piece of the Puzzle or: The Sad, Sad, Saga of Log On America
Remarks at Securities Enforcement Forum West 2022
Gurbir S. Grewal Director, Division of Enforcement May 12, 2022 Good afternoon everyone. Thank you to Bruce Carton for the invitation to speak today and to Professor Joe Grundfest for the very kind introduction. As is customary, my remarks today express my views, and don’t necessarily reflect those of the Commission, the Commissioners, or other members of staff.
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The GME trading halts on May 12 were NOT due to price volatility: they were the source.
Did MOASS start? Do you see phone numbers for ticker price? No? Then where are my DRS posts? Remember: until MOASS starts, NOTHING BUT DRS MATTERS!!
Hey, Superstonk… if you didn’t know what the pump/halt today was… it was a LIQUIDATION of (probably) a hedge fund.
Today Private Family Offices Started Buying GME and Other Retail Baskets
Who knows! Thank you, ape, at least we are vibin’ to this hype
Continue reading “Today Private Family Offices Started Buying GME and Other Retail Baskets”
It’s all so clear to me now. The sudden crash is because of the split/dividend
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