Financial Meerkat

Fierce Amateur Retail Trader and Investor 🔔 I never offer financial advice just fun and entertainment.

[Financial Meerkat @FinKatMMTLP]

@tedlieu Like you questioned Biden’s health????

[Financial Meerkat @FinKatMMTLP]

@nicksortor Take a look at MMTLP

[Financial Meerkat @FinKatMMTLP]

@RoyCooperNC We know you, and we will vote accordingly.

[Financial Meerkat @FinKatMMTLP]

@GavinNewsom I have a feeling you will make everything worse.

[George Palikaras @palikaras]

🚨Breaking news: 🦋

@Nasdaq just LOST its Motion to Quash.

Read that again s l o w l y . . .

The Bankruptcy Court in Nevada has now ordered Nasdaq to produce extensive $MMAT/TRCH trading data under Rule 2004, including RASH and CORE data, order attributes, cancellations, replaces, executions, and related transaction records covering nearly FOUR YEARS.

The Court was NOT persuaded by the ‘undue burden’ argument, noting that producing ~15GB of spreadsheet data is not exactly impossible for… Nasdaq. (One $10 usb stick)

Even more important, the Court explicitly recognized the Trustee’s AUTHORITY to investigate whether wrongdoing occurred on behalf of the estate, including potential claims tied to stock trading activity.

Translation:
This investigation is very much ALIVE.

For months, some people mocked and undermined the Trustee’s efforts, claimed discovery would never happen, and acted like every subpoena didn’t get served initially and that it would be crushed before daylight. Instead, the wall keeps cracking.

FINRA discovery.
Now Nasdaq discovery.
And the Court explicitly referenced separate pending motions involving Citadel, Virtu, and Anson.

Interesting times ahead.

Turns out Rule 2004 is not just a decorative suggestion.

To the Trustee and legal teams, incredible respect.

It takes courage to walk into rooms filled with institutions that have virtually unlimited resources and say:

‘Produce the data’

And to the echo chambers already warming up their spin machines tonight…

You may want to read the actual order first. 🤝

Blessings to all.

[Financial Meerkat @FinKatMMTLP]

@DemzDeliver Nothing is free! It’s all taxpayer funded. She just wants the credit.

[Financial Meerkat @FinKatMMTLP]

@RoyCooperNC No thanks!

[Financial Meerkat @FinKatMMTLP]

I hope the S1 becomes effective soon, so we can move on from this nonsense. Not all publicity is good publicity. MMTLP, let’s take the high road.

[Financial Meerkat @FinKatMMTLP]

@HouseDemocrats So are you!

[Financial Meerkat @FinKatMMTLP]

@SenThomTillis @fema @SecMullinDHS I hope it is used wisely!

[Financial Meerkat @FinKatMMTLP]

@RoyCooperNC You are no help!

[Financial Meerkat @FinKatMMTLP]

@GavinNewsom You would know something about tanking.

[Financial Meerkat @FinKatMMTLP]

MMTLP- Let’s focus on working towards a resolution. Getting involved in this new drama will not help us. In fact, it makes us look unserious and unprofessional.

[Financial Meerkat @FinKatMMTLP]

@RoKhanna Way to divide people. Mind your own business, Ro!

[Financial Meerkat @FinKatMMTLP]

@ABC At what cost to the taxpayer? Parents should take the cost of diapers into consideration when choosing to have a child.

[Financial Meerkat @FinKatMMTLP]

@GavinNewsom Not the government’s job. If you can’t afford diapers, maybe you should get another job.

[Financial Meerkat @FinKatMMTLP]

@RoyCooperNC Please step aside!

[Financial Meerkat @FinKatMMTLP]

@wsoctv Wonderful!!!!!!!

[Financial Meerkat @FinKatMMTLP]

@RoyCooperNC Don’t bother! No one needs your kind of help.

[Financial Meerkat @FinKatMMTLP]

@DrNeilStone Was it ready in 2020?