Gamestop admitting what we've all been suspecting.
(media.greatawakening.win)
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If the squeeze happens organically the DTCC takes the hedge funds long holdings as collateral and gives them cash in exchange, this would prevent a total market collapse. After the hedge spends the cash or hides it in the Cayman Islands, then they still can’t deliver and the DTCC liquidates their remaining assets and the computer starts filling the delivery orders starting with the lowest priced stocks and doesn’t discriminate on price to fill the shorts. The DTCC has quite a bit of funds available to do this.
I understand that, the only part that I don't specifically understand is if GameStop moves their shares to an all new blockchain/NFT market... I don't understand how that would work, and how it would effect the hedge funds and the synthetic/naked short shares. Obviously something like this is uncharted territory, so I'm just trying to understand how it might work.