It’s illegal short selling and anyone who has unsettled buys from Friday needs to submit a complaint to their broker.
This has nothing to do with the share registry, they only register settled trades. If you have an unsettled buy then you have to ask your broker why it hasn’t settled. The only reason a seller can’t settle is if they don’t own the stock, there’s no other explanation.
I spoke to a few of my friends who bought on Friday and we have millions of shares that haven’t settled between us.
Make a big noise about this because we all got f****d on Friday by someone who’s now short and can’t settle. And the only way they can fix this is to buy the stock back. Put the word out and make it hard for them to buy back cheaply, this is how you get a short squeeze going.
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