O, I'm sure most, like myself, just LOVE seeing the shorters get burnt. However, there is a lot more to the story. Many of those jumping on to these stocks are doing so via margin lending, and put options. When the music stops, and it will, plenty are going to get seriously hurt, with no funds to back up their purchases. That leaves the platforms exposed, hence their need to shut down trades, and mitigate their exposure. I think the retail action over the last week is a great thing, and has given the heavy hitters in the shorting market plenty to think about. That said, anyone here who is even contemplating jumping on the bandwagon needs to do some serious research. It's musical chairs. It's a Ponzi scheme. Call it what u will. Some will make a motza. Many will do their balls.
GLTA
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