Funny: SEC once summoned me to DC to question me about a short where company claimed manipulation. I provided a stack of notes 2 ft high. After 8 hours of questions, SEC asked to see my trading records. I had none.. we never shorted it during that period! SEC: “never mind “. Ok.
2. You learn that short sellers don’t manipulate stocks. Their biggest mistake is getting into an overcrowded short versus the float and being wrong. Welcome to $gme.
3. I’ve found the staff at the SEC to be extremely professional over my long career and really wanting to enforce the law. They are just way understaffed to handle the vast financial system they are supposed to govern.
You can follow @ThomasUBarton1.
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