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Re:GameStop Is Rage Against the Financial Machine by rjbwork on Wednesday January 27, 2021 @04:25PM (#25934169)
The forced resolution will be to force the shorts to cover. Screwing people that took the other side of the trade because the short sellers screwed up doesn't really make any sense to me.
Re:GameStop Is Rage Against the Financial Machine by pvarangot on Wednesday January 27, 2021 @04:38PM (#25934344)
Also the short-sellers are not being fooled into taking risks and neither are the call buyers. Everyone should know what they are doing.
Re:GameStop Is Rage Against the Financial Machine by kart23 on Wednesday January 27, 2021 @05:00PM (#25934620)
yes, the resolution would entail that. its not about screwing people, its about fixing something thats broken. Isn't that what happened in 2008? Banks made stupid decisions, and government bailed them out for it. Obviously more complicated and probably higher stakes, but the crisis essentially boils down to that. Don't see why it can't happen here.
Re:GameStop Is Rage Against the Financial Machine by girvo on Wednesday January 27, 2021 @04:39PM (#25934349)
Though regulatory bodies “picking a winner” can happen, as unfair as it sounds. I would hope they wouldn’t in this situation though.