The SEC has admitted to withholding Failure To Deliver (FTD) data in a FOIA response. How bad is the data for the SEC to be hiding it? And, whose interests is the SEC protecting? Certainly doesn’t seem to be retail interests
119.9 BILLION Shares of CAT Errors in ONE day.
168+ BILLION Shares of CAT Errors in THREE days.
All occurring at regulatory and settlement deadlines for $GME.
reddit.com/r/Superstonk/c…
A loophole in RegSHO allows short sellers to naked short sell $GME with billions of trades considered by securities exchanges as mistakes made in good faith.
🐂💩Industry-wide collusion.
Thanks @MichaelTLoPiano@jake2b
🤦♂️ Many rules were created in response to something bad happening. Blindly demanding that 10 rules be replaced by 1 is guaranteed 💯 to lead to Bad Things Happening as things that shouldn’t be allowed to happen will happen simply because there’s no rule prohibiting it
Why GME Volume by Exchange data MISSING on Jan 10?reddit.com/r/Superstonk/c…
Right after shorts failed their margin call and failed to deliver on shares sold so the markets were closed for Clearing & Settlement to do their thing with prices frozen?
reddit.com/r/Superstonk/c…
$GME Shorts definitely sold shares that didn't exist.
On 6/13 GMEU had 1.5M FTDs from 6/12 trades when GMEU had 600k outstanding plus 770k GMEU created overnight. 1.5M FTDs on 1.37M outstanding means 130k GMEU sold naked that could not possibly exist.
$GME trading just above their cash per share.
If GameStop issues another Convertible Note, the interest free cash raise brings up the cash per share floor. With no dilution until conversion; which also requires GME to go 🆙
BULLISH! 🐂
The SEC is not protecting retail investors. The SEC recently delayed Form PF reporting requirements (again) because Wall St asked nicely and the new rules require reporting short positions & short exposure.
Systemic risk, regulatory oversight, and investor protection are not