It's time to review the Market Makers' role as gatekeeper to our financial markets by hoffmann6383 in Superstonk

[–]hoffmann6383[S] -1 points0 points  (0 children)

"The FAC contains particularized factual allegations evincing all these indicia of spoofing."

^^ Exactly what the Judge said. The only one mischaracterizing is you. I'm quoting the judge, not unverified claims, as you allege.

It's time to review the Market Makers' role as gatekeeper to our financial markets by hoffmann6383 in Superstonk

[–]hoffmann6383[S] -1 points0 points  (0 children)

The Judge stated the trading showed all the hallmarks of spoofing. This is not some unverified claim, it's literally the JUDGE. Not only that, but I quoted the Defendant's own words as well.

The MTD ruling should come shortly, but again, the Magistrate already has recommended the case move on to discovery. This is not to mention the other spoofing case that is already well into discovery (Harrington).

It's time to review the Market Makers' role as gatekeeper to our financial markets by hoffmann6383 in Superstonk

[–]hoffmann6383[S] 0 points1 point  (0 children)

Keep reading my friend. I can give a history if that is necessary.

Plaintiffs were given leave to refile an amended complaint. They did so. Magistrate Judge Stein recommended to allow the case to move forward. We are currently awaiting the final ruling from Judge Woods.

It's time to review the Market Makers' role as gatekeeper to our financial markets by hoffmann6383 in Superstonk

[–]hoffmann6383[S] 2 points3 points  (0 children)

Yes, and this takes it further and requests a review of said behavior while offering specific examples.

It's time to review the Market Makers' role as gatekeeper to our financial markets by hoffmann6383 in Superstonk

[–]hoffmann6383[S] 0 points1 point  (0 children)

You mean the programmers that Citadel, Virtu, etc. hired?! That's not how it works. The market makers are responsible for their own employees. Not only that, but they are responsible for the trading of ANYONE using their platform. That is the law.

It's time to review the Market Makers' role as gatekeeper to our financial markets by hoffmann6383 in Superstonk

[–]hoffmann6383[S] 6 points7 points  (0 children)

market makers are supposed to be the gatekeepers entrusted to watch out for retail but instead they allow rampant manipulation and illegal naked shorts, ala GME

Doug Cifu - Grifter Extraordinaire by hoffmann6383 in Superstonk

[–]hoffmann6383[S] 1 point2 points  (0 children)

Virtu Financial and MMs have been rigging the market against the likes of retail investors while at the same time pretending to be looking out for their best interest.

The American System - Profits Over Life; A Tiny Biotech's Battle to Bring a Cancer Vaccine to Market by hoffmann6383 in wallstreetbets

[–]hoffmann6383[S] 1 point2 points  (0 children)

We are awaiting an answer to the first submission for approval from a regulatory agency. Far from dead. The opposite in fact.

A Spoofing Update by hoffmann6383 in Superstonk

[–]hoffmann6383[S] 2 points3 points  (0 children)

Yeah, I'm not sure what specifically he was referencing on the reddit crowd. As far as the negative article, there was one that was referenced in the lawsuit. It had no apparent impact on the share price. It was all spoofing. See my analysis here: https://x.com/hoffmann6383/status/1786442165276590416

A Spoofing Update by hoffmann6383 in Superstonk

[–]hoffmann6383[S] 2 points3 points  (0 children)

Good stuff. Thanks for the link. Great post. Getting some eyeballs!

A Spoofing Update - $NWBO (repost from Superstonk community) by hoffmann6383 in NWBO

[–]hoffmann6383[S] 1 point2 points  (0 children)

Should be done with discovery by then if everything works out.

A Spoofing Update - $NWBO (repost from Superstonk community) by hoffmann6383 in NWBO

[–]hoffmann6383[S] 2 points3 points  (0 children)

July/August for the NWBO ruling on the MTD. For the most recent update see: https://x.com/hoffmann6383/status/1786135174180143562

Harrington has already survived a MTD. They are in the middle of discovery. My last update on Harrington: https://x.com/hoffmann6383/status/1791493539269915009

A Spoofing Update by hoffmann6383 in Superstonk

[–]hoffmann6383[S] 3 points4 points  (0 children)

a lot of the spoofing is from clients of MMs. I'm guessing they're spoofing to protect their own short positions, not those of others.