Like when the major stock brokers disabled the options to buy GME, BB and other meme stocks back in January(?). With the current stupid state of the stock market(jesus christ just look at it), do you think the Sec will make a move to fuck with it again?

Also:

Imagine making 9 cents from the S&P500 and celebrating

Boomer's delight

Lol

  • adultswim_antifa [he/him]
    ·
    3 years ago

    I think I read at the time that it was beginning to turn into not just a short squeeze, but a gamma squeeze. That means the brokerages would have had to participate in buying Gamestop shares in order to hedge against the risks of selling options, which would have pushed the price up even further and the whole thing would have been even more fucked, and could have lead to entire brokerages getting wiped out. So they just said "no" and stopped trading.