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I have to admit I haven’t payed much attention to the GME situation. Is there a shorthand explanation on how it goes to the moon and how - for example - the stock market covers those holding GME and yet those shorting it are technically “borrowing” fictitious money to begin with?
According to the FINRA data institutions own 145% of the float, this doesn't include the holdings of retail investors. That number is only possibly if there is naked shorts out there.
I'm not a fan of Reddit, u/Superstonk is a different story. Read the DDs. They're gold.
https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22