Re:GameStop Is Rage Against the Financial Machine
by Miner49er on Wednesday January 27, 2021 @04:26PM
(#25934178)
It's not like this is the first time a short squeeze has happened. Has the SEC stepped in for other squeezes? If they were gonna step in, it should have been when naked shorting was occurring, not now.
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Re:GameStop Is Rage Against the Financial Machine
by sjy on Wednesday January 27, 2021 @04:57PM
(#25934574)
It looks like there was a listed short squeeze fund, SQZZ [1], which closed in 2018 only for lack of investors [2], so the SEC doesn't seem to have a fundamental problem with the strategy.
[1] https://www.sec.gov/Archives/edgar/data/1559109/000089109215...
[2] https://www.etfstrategy.com/active-alts-closes-contrarian-sh...