Left writes:
> The government’s position is that I should have known I couldn’t trade stocks I’d publicly praised—for some unspecified period of time. I didn’t lie, I simply traded too soon.
The criminal complaint is here, allegations begin on page 7: https://prod-i.a.dj.com/public/resources/documents/andrew-le...
The part Left seems to be responding to in his article is:
> defendant LEFT often built his positions using inexpensive, short-dated options contracts that would expire within zero to five trading days and submitted limit orders to close his positions as soon as the Targeted Security reached a certain price.
The generic term for the government's allegations is not "the opposite of insider trading", it is: https://en.wikipedia.org/wiki/Pump_and_dump
What ever happened to Elon for pumping his stock causing it to enter the S&P500 and causing index funds to buy? That sucks because now I own lots of meme stock.
Also, don't short sellers literally do what is described in the article?
From the article comments:
> Add to this fatuous criminal charge the sad reality that the process is often the punishment. Even after Mr. Left's innocence gets determined by a jury, there's the strong possibility that he'll depart the courtroom to go home to the Poor House.
> See: Wall Street Journal 8 November 2015
> I Was an Oil Spill Scapegoat -- I helped cap the Deepwater Horizon well, The Justice Department then turned my life into a legal nightmare
> -- Kurt Mix, BP drilling engineer, who published a blistering commentary about the US Justice Department immediately following a major revision to the case. After two years of expensive, life-upending dealings, all of the felony charges got dropped, and, "I would plead guilty to a minor misdemeanor for deleting a set of text messages without BP’s permission—something I had acknowledged doing from the very beginning."
> Good luck Mr. Left...
I thought this was interesting on went down the BP prosecution rabbit hole.
Yeah, but you're supposed to give half to Trump, duh! Haven't you been paying attention? A few million to the super-PAC and a 40% ownership interest in Citron Research should make this go away.