Because a hedge fund has to make a filing with the SEC. If the hedge fund is caught lying about their position to the SEC, they can be sued
Here, the individual is making a rando claim with a screenshot which can easily be faked.
The chart was forecasting a retrace to $47 long before any screenshots. It's basically the chicken and the egg thing. Did the news act as a catalyst for the chart? Or did the chart act as a catalyst for the news? I believe in the latter.

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