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re: A summary of what happened today with GME and why securities were restricted

Posted on 1/28/21 at 6:14 pm to
Posted by LSURep864
Moscow, Idaho
Member since Nov 2007
10923 posts
Posted on 1/28/21 at 6:14 pm to
quote:

You wanna know why fidelity and vanguard were the only two standing? They hold something like over 20% of the gamestop shares. They could let you buy, BECAUSE THEY WERE THE ONLY ONES WHO COULD GET SHARES. The squeeze is squozing, and the only way out of $100k+ share prices which would break everything was to STOP THE MARKET.




Wow
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30622 posts
Posted on 1/28/21 at 7:24 pm to
quote:

The squeeze is squozing, and the only way out of $100k+ share prices which would break everything was to STOP THE MARKET.

And they will continue to stop the market. The market will not allow the squeeze to continue. The fix is in
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