A massive short squeeze on GME could propel it up to $1T quite easily (~$3,952 per share)
During the '21 sneeze, when they shut off buying, partial shares were selling for around $5k share price. For example, if you sold .5 of a share it went for $2,500.
Exactly. This is why they were preventing "price discovery" because a "mark to market" at $5k per share back in 2021 would have forced liquidation of nearly all hedge funds and banks with margin calls.
During the '21 sneeze, when they shut off buying, partial shares were selling for around $5k share price. For example, if you sold .5 of a share it went for $2,500.
Exactly. This is why they were preventing "price discovery" because a "mark to market" at $5k per share back in 2021 would have forced liquidation of nearly all hedge funds and banks with margin calls.