Tag: Securities and Exchange Commission

GameStop Promoter Keith Gill Was No “Amateur” Trader; He Held Sophisticated Trading Licenses and Worked in the Finance Industry

Tina Marie (Ms. Cat)

GameStop Promoter Keith Gill Was No “Amateur” Trader; He Held Sophisticated Trading Licenses and Worked in the Finance Industry

While some hedge funds like Melvin Capital have reportedly lost billions in the short squeeze, other major players on Wall Street have made windfalls. Reuters is reporting that the giant asset manager, BlackRock, “owned about 9.2 million shares, or a roughly 13% stake, in GameStop as of Dec. 31, 2020,” and could have made upwards of $2.4 billion on the rise in the stock since the end of December. Gill also frequently mentioned on his YouTube videos Michael Burry’s long position in the stock as well as Ryan Cohen, whose RC Ventures held a 13 percent stake in GameStop.

Related:

‘Big Short’ investor Michael Burry made a 1,500% gain on GameStop during its Reddit-fueled rally

Along with Chewy cofounder Ryan Cohen, Burry has been agitating for changes at GameStop for a while. The Scion boss penned a letter to the company’s directors in August 2019, arguing the low stock price and massive short interest suggested a lack of faith in management, and calling for a massive share buy-back.

Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement

Tina Marie (Ms. Cat)

By Tyler Durden – Zero Hedge – 11/11/2020

On Monday, Pfizer shares soared 16% following a bullish statement on the company’s experimental COVID-19 vaccine showed 90% effectiveness in preliminary results. Then on Tuesday, according to a Securities and Exchange Commission filing, Pfizer CEO Albert Bourla sold 62% of his stock.

Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement

JPMorgan Chase Is Under a New Federal Investigation, One Month After Getting Slapped with Its 4th and 5th Criminal Felony Count

Tina Marie (Ms. Cat)

JPMorgan Chase Is Under a New Federal Investigation, One Month After Getting Slapped with Its 4th and 5th Criminal Felony Count

“JPMorgan Chase Bank, N.A. has been advised by one of its U.S. regulators of a potential civil money penalty action against the Bank related to historical deficiencies in internal controls and internal audit over certain advisory and other activities. The Bank already has controls in place to address the deficiencies related to the proposed penalty. The Firm is currently engaged in resolution discussions with the U.S. regulator. There is no assurance that such discussions will result in resolution.”

Updated: Fundraising Feud Spurs Anger Among a Chinese Exile, His Followers and His Detractors

Tina Marie (Ms. Cat)

Fundraising Feud Spurs Anger Among a Chinese Exile, His Followers and His Detractors (Archived)

This guy can make death threats against other Chinese dissidents but is protected, online by Graphika, lead by Ben Nimmo—who has links to the Atlantic Council and NATO!

Updated:

Crazy stuff! Both sides claim that the other are Chinese spies! These Chinese dissidents all hate China, though!

YouTube: Washington Watch interviewed Midland (TX) Mayor Patrick Payton Local Police Arrested 3 Guo members

Breitbert covers the story, but doesn’t mention Bannon’s connection to Guo (of course)!

Mob Forces Chinese-American Pastor Out of Home After ‘Dissident’ Billionaire Death Threats

‘Surreal’: Midland pastor says he never expected to be target of Chinese billionaire

China Aid Association, founded by Bob Fu, receives funding from the NED!

China Aid received the 2019 Democracy award from NED.

Related:

Who is Guo Wengui?

Bannon joined forces with Chinese billionaire whose case has divided Trump’s allies

Tina Marie (Ms. Cat)

Bannon joined forces with Chinese billionaire whose case has divided Trump’s allies

Bannon has told others that in his role as chief White House strategist he personally shielded the billionaire.

“I was the protector,” he told The Wire China in an interview conducted with the publication before his arrest. “When I was inside the White House, I took the files and put them in my office and said, ‘Whoever wants this guy, this guy is a pretty valuable hombre.’ “

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Bannon’s financial relationship with Guo began about the same time. According to an internal memo obtained by The Post, sometime before the end of 2017, a company linked to Guo loaned Bannon $150,000.

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In August 2018, Bannon signed a one-year deal to consult for Guo Media, owned by a company incorporated in Delaware, for $1 million. Bannon’s contract was first reported and posted online by Axios.

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Guo told The Post that Bannon had been removed from his role as chairman of the board after his arrest and played no part in raising funds for the company.

However, the men’s partnership has continued. Bannon was released from custody last month on a $5 million bond while he awaits a trial scheduled for May.