Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Gamers lead the way to fuck up wallstreet, Gamers did what communists failed.

views
     
icehart85
post Mar 11 2021, 05:31 PM

Enthusiast
*****
Senior Member
874 posts

Joined: Sep 2007
QUOTE(lurkingaround @ Mar 11 2021, 04:56 PM)
.
https://www.reuters.com/article/us-retail-t..._source=twitter - March 2, 2021, 5:47 AM - Updated 9 days ago - 'Roaring Kitty' no longer has financial broker license: filing
"Gill, who did not immediately respond to a request for comment, is no longer licensed to act as a broker buying and selling securities on behalf of clients or as an investor adviser providing advice about securities to clients. He had been registered as an agent for MML Investors Services LLC, the broker-dealer arm of MassMutual."

So, what do you think DFV aka Keith Gill has been doing as a Financial Broker and Advisor (to rich clients) all these recent years.?
.
*
Again you are just speculating. I can also speculate that you are hired by Hedge funds and entities to spread FUD here. Happy?


SUSlurkingaround
post Mar 11 2021, 06:35 PM

Rule of Law
*******
Senior Member
7,066 posts

Joined: Sep 2019
From: South Klang Valley suburb




QUOTE(lurkingaround @ Mar 11 2021 @ 04:56 PM)
.
https://www.reuters.com/article/us-retail-t..._source=twitter - March 2, 2021, 5:47 AM - Updated 9 days ago - 'Roaring Kitty' no longer has financial broker license: filing
"Gill, who did not immediately respond to a request for comment, is no longer licensed to act as a broker buying and selling securities on behalf of clients or as an investor adviser providing advice about securities to clients. He had been registered as an agent for MML Investors Services LLC, the broker-dealer arm of MassMutual."

So, what do you think DFV aka Keith Gill has been doing as a Financial Broker and Advisor (to rich clients) all these recent years.?
.
*
QUOTE(icehart85 @ Mar 11 2021, 05:31 PM)
Again you are just speculating. I can also speculate that you are hired by Hedge funds and entities to spread FUD here. Happy?
*
.
Fyi, it's common sense that people go and get a Car Driving license to drive a car = DFV aka Keith Gill went and got a Financial Broker and Advisor license to broker and invest on behalf of rich clients. Duh.!
.

bryanlad
post Mar 11 2021, 06:52 PM

New Member
*
Junior Member
8 posts

Joined: Jul 2020
QUOTE(lurkingaround @ Mar 11 2021, 04:56 PM)
.
https://www.reuters.com/article/us-retail-t..._source=twitter - March 2, 2021, 5:47 AM - Updated 9 days ago - 'Roaring Kitty' no longer has financial broker license: filing
"Gill, who did not immediately respond to a request for comment, is no longer licensed to act as a broker buying and selling securities on behalf of clients or as an investor adviser providing advice about securities to clients. He had been registered as an agent for MML Investors Services LLC, the broker-dealer arm of MassMutual."

So, what do you think DFV aka Keith Gill has been doing as a Financial Broker and Advisor (to rich clients) all these recent years.?
.
*
00:40
he dare to say to congress that he is not a broker, or hedge fund

01:30
his job is in financial education, no direct dealing with customer

get rekt


icehart85
post Mar 11 2021, 07:38 PM

Enthusiast
*****
Senior Member
874 posts

Joined: Sep 2007
QUOTE(lurkingaround @ Mar 11 2021, 06:35 PM)
.
Fyi, it's common sense that people go and get a Car Driving license to drive a car = DFV aka Keith Gill went and got a Financial Broker and Advisor license to broker and invest on behalf of rich clients. Duh.!
.
*
Again pure speculation. People get a driving license with THE INTENTION to drive a car. Whether or not they drive a car after that is a totally different matter altogether.

Same with DFV, he may get a financial advisor license, but not necessarily his job at Mass Mutual is to advise clients on investments and stocks


icehart85
post Mar 11 2021, 07:39 PM

Enthusiast
*****
Senior Member
874 posts

Joined: Sep 2007
QUOTE(bryanlad @ Mar 11 2021, 06:52 PM)
00:40
he dare to say to congress that he is not a broker, or hedge fund

01:30
his job is in financial education, no direct dealing with customer

get rekt


*
Now Lurkingaround can shut his mouth and hide somewhere.
SUSlurkingaround
post Mar 11 2021, 08:01 PM

Rule of Law
*******
Senior Member
7,066 posts

Joined: Sep 2019
From: South Klang Valley suburb




QUOTE(lurkingaround @ Mar 11 2021 @ 06:35 PM)
.
Fyi, it's common sense that people go and get a Car Driving license to drive a car = DFV aka Keith Gill went and got a Financial Broker and Advisor license to broker and invest on behalf of rich clients. Duh.!
QUOTE(icehart85 @ Mar 11 2021, 07:38 PM)
Again pure speculation. People get a driving license with THE INTENTION to drive a car. Whether or not they drive a car after that is a totally different matter altogether.

Same with DFV, he may get a financial advisor license, but not necessarily his job at Mass Mutual is to advise clients on investments and stocks
*
.
So, according to you, people who go and get a Taxi or 10Ton Lorry or Excavator or Pilot license only has the INTENTION to "drive" a taxi or 10T lorry or excavator or aeroplane but may or will not actually do so. IOW, according to you, DFV aka Keith Gill went and got his Financial Broker and Advisor license but did not broker and invest on behalf of rich clients.
....... Possible but unlikely and far-etched, in the case of most such licensees. Why would they go and get their licenses if they know for sure that they won't be using the license, ie barring unforeseen circumstances.?

So, did you get your Car Driving license but do not drive or have not driven a car.?
.

icehart85
post Mar 11 2021, 08:15 PM

Enthusiast
*****
Senior Member
874 posts

Joined: Sep 2007
QUOTE(lurkingaround @ Mar 11 2021, 08:01 PM)
.
So, according to you, people who go and get a Taxi or 10Ton Lorry or Excavator or Pilot license only has the INTENTION to "drive" a taxi or 10T lorry or excavator or aeroplane but may or will not actually do so. IOW, according to you, DFV aka Keith Gill  went and got his Financial Broker and Advisor license but did not broker and invest on behalf of rich clients.
....... Possible but unlikely and far-etched, in the case of most such licensees. Why would they go and get their licenses if they know for sure that they won't be using the license, ie barring unforeseen circumstances.?

So, did you get your Car Driving license but do not drive or have not driven a car.?
.
*
Yes correct, same as Grab drivers getting ehail license for 1 year but work for a few months? Same as Grab driver getting ehail license but never got to use it because economics has change.

Btw to use DFV as an argument for GME is really really weak. Strawman arguments doesnt serve anything.

Back to main topic, apa mcm now your $5 target price not hit? People who follow your advice and short at $40 then facing big losses?
SUSlurkingaround
post Mar 11 2021, 08:25 PM

Rule of Law
*******
Senior Member
7,066 posts

Joined: Sep 2019
From: South Klang Valley suburb




QUOTE(bryanlad @ Mar 11 2021, 06:52 PM)
00:40
he dare to say to congress that he is not a broker, or hedge fund

01:30
his job is in financial education, no direct dealing with customer

get rekt


*
QUOTE(icehart85 @ Mar 11 2021, 07:39 PM)
Now Lurkingaround can shut his mouth and hide somewhere.
*
.
And both of you believe him. laugh.gif Both of you likely got conned by him.
....... Fyi, DFV aka Keith Gill has been a licensed Financial Broker and Advisor since 2012. It is only because of the Gamestop fiasco at end Jan 2021 that he has been de-licensed as a Financial Broker by the authorities, ie he is still a licensed Financial Advisor through his Chartered Financial Analyst qualification. .......

https://en.wikipedia.org/wiki/Keith_Gill
"Professional life

Gill is a Chartered Financial Analyst (C.F.A.) charterholder. He was a licensed securities broker registered with FINRA since July 2012 with no disclosed regulatory infractions. As of February 26, 2021, Gill was no longer a registered financial broker; January 28 was his last day of employment with MassMutual and a FINRA spokeswoman said, "a person’s registration is terminated when he or she is no longer employed by a registered firm."

Between 2010 and 2014 he worked for a family friend at a start-up in New Hampshire, working on a software program to help investors analyze stocks. He worked for LexShares until March 2017. Gill was employed at MassMutual from April 2019 until his resignation on January 28, 2021.

.

This post has been edited by lurkingaround: Mar 11 2021, 08:31 PM
SUSlurkingaround
post Mar 11 2021, 08:34 PM

Rule of Law
*******
Senior Member
7,066 posts

Joined: Sep 2019
From: South Klang Valley suburb




QUOTE(lurkingaround @ Mar 11 2021 @ 08:01 PM)
.
So, according to you, people who go and get a Taxi or 10Ton Lorry or Excavator or Pilot license only has the INTENTION to "drive" a taxi or 10T lorry or excavator or aeroplane but may or will not actually do so. IOW, according to you, DFV aka Keith Gill  went and got his Financial Broker and Advisor license but did not broker and invest on behalf of rich clients.
....... Possible but unlikely and far-etched, in the case of most such licensees. Why would they go and get their licenses if they know for sure that they won't be using the license, ie barring unforeseen circumstances.?

So, did you get your Car Driving license but do not drive or have not driven a car.?
QUOTE(icehart85 @ Mar 11 2021, 08:15 PM)
Yes correct, same as Grab drivers getting ehail license for 1 year but work for a few months? Same as Grab driver getting ehail license but never got to use it because economics has change.

Btw to use DFV as an argument for GME is really really weak. Strawman arguments doesnt serve anything.

Back to main topic, apa mcm now your $5 target price not hit? People who follow your advice and short at $40 then facing big losses?
*
.
Btw, to use Grab eHail license as an argument is really really weak. Strawman arguments do not serve anything.

So, you have a Driving license but do not drive or have not driven.?
.

icehart85
post Mar 11 2021, 09:52 PM

Enthusiast
*****
Senior Member
874 posts

Joined: Sep 2007
QUOTE(lurkingaround @ Mar 11 2021, 08:25 PM)
.
And both of you believe him. laugh.gif Both of you likely got conned by him.
....... Fyi, DFV aka Keith Gill has been a licensed Financial Broker and Advisor since 2012. It is only because of the Gamestop fiasco at end Jan 2021 that he has been de-licensed as a Financial Broker by the authorities, ie he is still a licensed Financial Advisor through his Chartered Financial Analyst qualification. .......

https://en.wikipedia.org/wiki/Keith_Gill
"Professional life

Gill is a Chartered Financial Analyst (C.F.A.) charterholder. He was a licensed securities broker registered with FINRA since July 2012 with no disclosed regulatory infractions. As of February 26, 2021, Gill was no longer a registered financial broker; January 28 was his last day of employment with MassMutual and a FINRA spokeswoman said, "a person’s registration is terminated when he or she is no longer employed by a registered firm."

Between 2010 and 2014 he worked for a family friend at a start-up in New Hampshire, working on a software program to help investors analyze stocks. He worked for LexShares until March 2017. Gill was employed at MassMutual from April 2019 until his resignation on January 28, 2021.

.
*
Oh yes, you quoted Wikipedia which likely get its source from the video. DFV has already declared and testified. If you think thats not enough then that's up to you.

Got conned by DFV? HAHHAHAHAA, more like you got conned by mainstream media trying to push the blame to DFV. Its the hedge funds thats controlling the prices not DFV. biggrin.gif
icehart85
post Mar 11 2021, 09:53 PM

Enthusiast
*****
Senior Member
874 posts

Joined: Sep 2007
QUOTE(lurkingaround @ Mar 11 2021, 08:34 PM)
.
Btw, to use Grab eHail license as an argument is really really weak. Strawman arguments do not serve anything.

So, you have a Driving license but do not drive or have not driven.?
.
*
Of course, same like you argue about DFV credentials is a strawman argument. '

Please la, you already made 3 wrongs, dont dig a deeper grave for yourself further


SUSlurkingaround
post Mar 11 2021, 10:26 PM

Rule of Law
*******
Senior Member
7,066 posts

Joined: Sep 2019
From: South Klang Valley suburb




QUOTE(lurkingaround @ Mar 11 2021 @ 08:25 PM)
.
And both of you believe him. laugh.gif Both of you likely got conned by him.
....... Fyi, DFV aka Keith Gill has been a licensed Financial Broker and Advisor since 2012. It is only because of the Gamestop fiasco at end Jan 2021 that he has been de-licensed as a Financial Broker by the authorities, ie he is still a licensed Financial Advisor through his Chartered Financial Analyst qualification. .......

https://en.wikipedia.org/wiki/Keith_Gill
"Professional life

Gill is a Chartered Financial Analyst (C.F.A.) charterholder. He was a licensed securities broker registered with FINRA since July 2012 with no disclosed regulatory infractions. As of February 26, 2021, Gill was no longer a registered financial broker; January 28 was his last day of employment with MassMutual and a FINRA spokeswoman said, "a person’s registration is terminated when he or she is no longer employed by a registered firm."

Between 2010 and 2014 he worked for a family friend at a start-up in New Hampshire, working on a software program to help investors analyze stocks. He worked for LexShares until March 2017. Gill was employed at MassMutual from April 2019 until his resignation on January 28, 2021.

.
*
QUOTE(icehart85 @ Mar 11 2021, 09:52 PM)
Oh yes, you quoted Wikipedia which likely get its source from the video. DFV has already declared and testified. If you think thats not enough then that's up to you.

Got conned by DFV? HAHHAHAHAA, more like you got conned by mainstream media trying to push the blame to DFV. Its the hedge funds thats controlling the prices not DFV.  biggrin.gif
*
.
https://wallstreetonparade.com/2021/01/game...nance-industry/ - GameStop Promoter Keith Gill Was No “Amateur” Trader; He Held Sophisticated Trading Licenses and Worked in the Finance Industry - By Pam Martens and Russ Martens: January 30, 2021
"Wall Street On Parade has confirmed that Keith Patrick Gill, a man holding highly sophisticated licenses to trade and supervise others on Wall Street, is the same man using multiple identities to promote GameStop on social media platforms. Gill, and a member of his family, have confirmed to other media outlets that Gill used the identity of DeepF***ingValue on Reddit’s WallStreetBets message board to promote GameStop and that he used the identity of Roaring Kitty on his YouTube channel and Twitter page to help engineer a short squeeze against the hedge funds that were betting the price of GameStop would fall.

Gill was a clean cut Registered Rep at MassMutual by day and a long-haired, head-banded, fast-talking stock promoter on social media by night, sending out video promotions for GameStop that were filmed at a trading desk he had set up in his basement.

This is highly likely to be a serious problem for both Gill and MassMutual. A genuine amateur trader could plead ignorance of industry rules about hyping stocks to the public. A heavily licensed industry professional cannot. The fact that Gill passed all those exams means that he knows what the rules are. In addition, the broker-dealer unit of MassMutual, MML Investor Services LLC, that employed Gill as a Registered Rep, could potentially face charges of failure to supervise.

Wall Street’s self-regulator, FINRA, shows on its publicly available BrokerCheck, that Keith Patrick Gill holds the following licenses: a Series 7 that allows him to trade stocks and corporate bonds for clients; a Series 3 which allows him to trade commodities for clients; and a Series 24 which allows him to function as a branch manager of a brokerage firm and supervise other licensed traders. Gill passed his exam for the commodities license eight years ago. He obtained the Series 7 and Series 24 licenses more than four years ago."


user posted image
Keith Gill’s Licenses as Reported at FINRA

"Gill’s FINRA record indicates that he began working for the unit of MassMutual on or about April 5, 2019 and is presently employed there. (He has previously worked as a licensed Registered Rep at other broker-dealers.) Some media outlets have reported that Gill worked at MassMutual until recently. MassMutual has 30 days to file a separation/termination report with FINRA for a licensed broker. This is known as a U5 form and must indicate the reason for the resignation or termination of the broker. One can imagine that MassMutual’s entire legal department will be pulling their hair out over what to write in that space. Here’s why.

FINRA has strict rules for licensed brokers regarding use of social media. For example, their rulebook states:

“Investors and financial services professionals alike are increasingly using social media for a variety of business purposes. Social Media may be a new medium, but FINRA’s rules on communicating with the public are still applicable. The rules protect investors from false, misleading claims, exaggerated statements, and material omissions…

“Firms and their registered representatives must retain records of communications related to their ‘business as such.’ The ‘business as such’ requirement is based on the content of the communication not the type of device or technology used to receive or send the communication. These records must be preserved for a period of not less than three years…

“Firms must have the ability to supervise the business-related content associated persons are communicating on these sites, including possible suitability determinations if recommendations are made. A registered principal must review prior to use any social media site that an associated person intends to use for business. The principal may only approve a social media site if the principal has determined the associated person can and will comply with applicable rules…”

We find it highly unlikely that MassMutual would have approved Gill to post on Reddit’s WallStreetBets, whose users appeared to pride themselves on how frequently they could pack the words f*** and b***s into a sentence, frequently with representative artwork.

The largest brokerage firms on Wall Street would never allow a Registered Rep to use multiple anonymous user names and promote a $5 stock to a mass public audience because there would be no way to know if it was a suitable investment for the level of risk the individual person could afford to take. The bulk of lawsuits that are brought, and won, against brokerage firms are for “failure to supervise.”

Gill’s YouTube videos did offer a scrolling statement at the end to the effect that this was not meant to be personal investment advice. But if it wasn’t, why was he putting it out on a mass medium like YouTube.

Gill has another potential problem. According to media reports, Gill was posting copies of his brokerage statements at E-Trade showing his GameStop position making millions of dollars in a short span of time while he was employed at MassMutual. Under FINRA Rule 3210, a licensed broker must first get permission from the broker-dealer where they are employed to open a trading account at another firm. (This is common knowledge among 99 percent of brokers on Wall Street.) If the employing firm grants that permission, the other brokerage firm must send duplicate copies of the broker’s statement to the compliance officer of his current employer. This is to prevent the firm’s name from getting dragged through the mud (as is happening currently to MassMutual) because their broker may have engaged in some form of stock manipulation. It is also to fulfill the broker-dealer’s obligation to supervise their brokers and protect the public.

The Senate Banking Committee, House Financial Services Committee, SEC and law firms employed by the hedge funds that lost billions on the short-squeeze in GameStop are looking into what was really going on here. The Senate and House Committees have announced that hearings will be held. Was Gill acting alone or was there an invisible hand urging him, or paying him, to promote the shares of GameStop.

Stock promoters, secretly paid by major Wall Street firms, were exposed in the Senate Banking hearings of the early 1930s, following the 1929 crash." ...

.

This post has been edited by lurkingaround: Mar 12 2021, 12:05 AM

77 Pages « < 75 76 77Top
 

Change to:
| Lo-Fi Version
0.0183sec    0.51    6 queries    GZIP Disabled
Time is now: 29th November 2025 - 11:41 PM