193 InteractivBrokers CEO Thomas Peterffy confirms GameStop Wealth Transfer thesis. The shorts never closed, SEC confirmed. People have only secured their shares by DRS'ing and Buying more. MOASS IS TOMORROW (twitter.com) 🔍 Notable posted 31 days ago by Speakfree 31 days ago by Speakfree +195 / -2 92 comments share 92 comments share save hide report block hide replies
I don't believe it's the first time, I remember hearing about something happening to Coca-Cola during the great depression. The Coca-Cola millionaires. Maybe that was different though lol
That wasn't a short squeeze, they just made tons of money holding the stock during the GD.
Oh gotcha, yeah I didn't remember the details fully, I just remembered someone mentioning it on the GS reddit
https://finance.yahoo.com/news/banker-urged-struggling-families-invest-153848157.html