re: If the SEC or Fed steps in to help the Wall Street institutions that shorted GME....

quote:

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Man, you may not be following this thing closely.
I'm usually the "benefit of the doubt" naive guy, but this is pretty clear to me and I have no skin in the game.

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I'm just not going to swayed by a bunch of "stick it to the man" folks who are paranoid about the man (not suggesting that's you, but that's the majority of folks who are worried about it).

What can the SEC even do to stop this? Seriously. There are no tools in the bag here.

ETA- See the people in this thread that think the free platforms going down is some kind of market manipulation, for example.

The GME, AMC, etc. squeezes are fascinating to me, and more power to the little guys that made bank on these positions, but the paranoia is unwarranted IMO.

ETA.2 - Even halting the stock for 30 days would be futile. Someone will be left holding the bag, we both know that, but it's not like a halt will stop the mechanics once it reopens.