They sure are trying to protect their Fall st buddies, but so far it ain’t working…..apparently they all thought that by taking away margin buying on Thursday, the longs would cash in or try to and the price would collapse back…..But the WSB crowd just said no thanks, yr not hurting enough and even worse went out and bought out of the money calls, immediately exercised them and said gimme the shares…..
Reports are that there are still 113 % of the float short…but that is the official story, what about all the Black Pool possies are they reported and then there is the offshore stuff, where no reporting is done……not sure now, but Germany was really bad for this a while back, …u could naked short all day and never have to deliver anything.
Also it’s very poss that Robinhood and other brokers were lending out client shares, which they are now at risk of not getting back, if the Hedge Funds blow up……