Re:GameStop Investors Who Bet Big–and Lost Big
by joshspankit on Monday February 15, 2021 @08:12PM
(#26149838)
I was surprised that there wasn’t much coverage of the fact that the funds shorted again just at the peak ($480 or something) right as the buys were being halted for retail.
That 100% smells like an exploit to me.
I'm sure given enough time even if WSB were able to hold Wall Street would have figured out some way to exploit it. The other driver was the hope that the SEC would step in and do something to even the playing field, but that's unfortunately even less likely in my opinion.