Is the GameStop issue still going? Or have other short sale shenanigans been stopped via meme investors too? The game stop stuff kinda just dropped outta the news (at least what I read regularly) so I kinda lost track.
Don't mean to sound like a dick, but it's not an "issue." It will be the greatest transfer of wealth in human history. It's a once-in-history and future chance to bankrupt the bad players. Sooner or later the financial institutions and banks are going to get margin called. They'll be liquidated, then it goes to the DTCC, and finally the fed. All share holders have to be paid, regardless if they hold shares with a broker or Computershare. Fake shares have to be paid just like real shares.
Is the GameStop issue still going? Or have other short sale shenanigans been stopped via meme investors too? The game stop stuff kinda just dropped outta the news (at least what I read regularly) so I kinda lost track.
Almost 50% (and still growing) of the available shares have been taken out of the DTCC’s books and direct registered.
its still a thing
Don't mean to sound like a dick, but it's not an "issue." It will be the greatest transfer of wealth in human history. It's a once-in-history and future chance to bankrupt the bad players. Sooner or later the financial institutions and banks are going to get margin called. They'll be liquidated, then it goes to the DTCC, and finally the fed. All share holders have to be paid, regardless if they hold shares with a broker or Computershare. Fake shares have to be paid just like real shares.
HODL