My Poor $GME! Why is Trump allowing this? This is bad for $DJT as well. Democrat led SEC, Republican led SEC, its all the same.
(www.securitiesfinancetimes.com)
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That's not the whole story though. The real story is that Market Makers are taking our money without actually purchasing the stock. when we purchase small-cap struggling companies, they give us an IOU, and using that money to purchase securities THEY want to pump up. That is NAKED shorting; to buy something someone has to sell. Instead, They NAKED short stocks without locating stocks to sell. This has been going on forever - GME just exposed it in 2020/2021. I think that was a white-hat operation, by the way.
In doing so, they drive the price of the company lower and lower, driving it out of business.
You may think you're smart never holding 'sinking' stocks, but they drive, and have driven businesses to bankruptcy, creating a playing field that if you do invest in an 'unfortunate' company which is being naked shorted, you'll lose your investment eventually.
American companies that could have survived, done capital raises, and thrived, are now driven to failure, just so they can concentrate their ill gotten funds into big behemoths. Its a continuous cycle - and it causes total destruction of fair markets.
This is a full-on attack on the American market. Because no other country allows it. China infact kicked out Shit market makers like Citadel when they found out they were naked shorting companies.
So what do you think will happen?
For what we want to happen with GME will negatively impact Trump and Elon since they're so heavily invested in the stock market.
I hold some GME as well. I'm just skeptical that they would allow this to happen.
What's your thought on this?
It wont negatively impact Trump. Why do you think that? Corruption being exposed can’t hurt him, only help
How I vision it is a 2 week or month (max) of flash crash. S&P will be brought to its knees, while naked shorts are resolved. There will be another V shaped recovery. This time no bailouts .
His personal exposure in the markets. If GME does what it is supposed to do, it will crush the markets.
I think Trump wants stability in the markets. Maybe a deal gets worked out where GME holders get paid or something. I don't know