In a bizarre turn of events, a short-seller Citron Research accused “angry mob who owns GME stock” of “commuting multiple crimes”, saying he will be turning to FBI, SEC and “other governmental agencies” to protect him and his family.
The move comes days after Wall Street Bets (WSB), a 1.9 million strong community where participants discuss stock and option trading, promoted Gamestop (GME) stock to new multi-year highs, while on other side Citron Research decided to protect short interest.
It all escalated on Thursday when Andy Left of Citron Research decided to post a video on Twitter explaining to his followers why investors should stay away from GME stock, and why it will go back to $20.