[00:00] Markiplier just put nine million dollars into GoPro stock right before this acquisition was announced. The other thing that's a little sussy is I got a capture for August 27th.
[00:12] And this is the description here. Pre-order your Mission 1 ILS. Use code Markiplier. But note it doesn't actually say anywhere that this is an ad. Kim Kardashian got smashed for doing exactly that.
[00:25] I mean she got smashed in many ways, but she had an affiliate link on her Instagram and then she got fined pretty heavily for not disclosing it was a paid sponsorship. He did end up updating the description. It says here, I am the largest shareholder of GoPro.
[00:39] That's largest individual outside of insiders because he owns like eight and a half percent or whatever now. To put $9 million on your belief that this company that's losing as much money as it is doesn't have a chance of surviving in the next 12 months.
[00:52] To put $9 million into the stock within 60 days of a merger being announced just seems a little sussy because they could have just as easily been bankrupt by January Let go look at what he says on the Philip DeFranco show I figured that what the market cap said it was is undervalued simply by the name They are literally the Kleenex of cameras
[01:15] because people will colloquially call an action cam a GoPro, even if it's not that brand. But I knew that they were up to something. I knew they were up to something. It sort of implies that you're talking to some people within the company. Is it possible that there are, you know, nudge,
[01:30] nudge wink winks that occurred like, hey man, yeah, dude, this stock's about to pop. Don't tell anyone. That would be insider information. Insider information is a form of fraud. So maybe this,
[01:43] I knew they were up to something, was enough of a nudge nudge wink wink to be confident enough to throw $9 million at this at the timing. Does that rise to the level of insider trading?
[01:55] It depends who gave that nudge nudge wink wink, I suppose. Bottom line, what are the odds the SEC comes after GoPro and Mark with some form of subpoenas or investigation,
[02:07] I'd probably give it about a 60% chance they investigate this. This is pretty public and it's sussy.