Additionally, Black Rock and Vanguard should be feeling the PAIN tremendously very soon (similarly with a bunch of other hedge funds and asset management firms). If you understand who Black Rock and Vanguard are connected to nearly everything, you'll understand how much of a big deal this is.
SEC voted on boosting hedge fund disclosures which is making the 'dark pool' investors feel quite uncomfortable.
I mean, guys. We are literally witnessing the greatest wealth transfer in human history. This time, the good guys really have won... no matter how much the system is rigged, it's only a matter of time until it's exposed and collapses.
Lastly, it would be quite interesting to see if there will ever be a relationship between TMTG and GME for the gaming/crypto side of the market. Not saying it will happen but both of them have been working behind the scenes to really disrupt the current social media & entertainment industries.
So for the last year the gov has putting in place new laws, rules and regulations to handle this AND deal with the collapse of market makers. Right now the HF's are using every dirty and illegal trick in the book to kick the can and hide their position which is A) Costing them ALOT of money. B) Drawing more regulator attention.
These bastards are fighting for their lives. Nothing's off the table. They will gladly pay a few million dollars in fines over going bankrupt any day.
That being said every day that goes by compounds and costs them ALOT more money with less effect and some of the tools / methods they were using are no longer available. They are also not propping up each other as much since tools & resources to do so have grown thin. In fact it LOOKS like we had a big margin call last week on a major HF.
Shorts must cover because they have to return the stocks that they borrowed contractually. Right now they are dealing with new margin requirements that can lead to liquidation. If they can't return the shares borrowed they get liquidated and the debt goes up the ladder to their clearing house and eventually the FED till it's paid.
4 ways (That my dumb ass can think of) that it ends:
Regulators do their jobs GameStop releases an NFT dividend to shareholders which will force all short positions to close since they can't just pay it out of pocket and keep positions open. Overstock already fought and won the legal battle for this. Retail investors lock up the float (all available shares) through DRS which will prove synthetic shares exist and allow GameStop to remove it's stock from the DTC without a fight or legal battle. Smaller HF's run out of money / ability to kick the can and marge calls start a domino effect that will quickly run up the chain. RC and GameStop have a plan / strategy to deal with this. They aren't doing this blind and hoping for the best. Top people are leaving Amazon, Google, Apple, and more to join GameStop and are signing NDA's about what's coming. Whatever it is we can safely assume it's massive.
Sorry just getting to this. Great post, fren! I agree, I don't see the SEC suspending dark pool trading or anything of the like to kick off MOASS.
We're getting close!