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Friday, May 05, 2023 5:16:33 AM
IT'S ABOUT FRICKIN TIME! Retail has only been calling for that loudly for over 2 years...hell, decades actually! Welcome to the AMC/GME/ape party. Seems when it affected retail it was all meh; apparently it has to affect them (banks/MMs/SHF/FINRA/SEC/etc) before anything is actually done about it unfortunately... so be it. Sounds like 2008/09 got stuck on replay.
![frown](/images/emoticon05.gif)
Source: https://www.reuters.com/markets/us/us-bankers-urge-sec-probe-short-sales-reduce-abusive-trading-2023-05-05/
"ABA President and CEO Rob Nichols told Gensler that short selling could be a legitimate financial tool, but his group was "unalterably opposed to short selling practices that distort the markets through manipulation and abuse."
He called on Gensler to send a clear message to market players and take appropriate enforcement action against market manipulation and other abusive short selling practices.
"The harm caused by short selling that runs counter to economic fundamentals ultimately falls on small investors, who see value destroyed by others’ predatory behavior," he said."
Time to smack the hammer of justice and transparency down hard and fix it. SEC should start with those that are abusing and manipulating the intent of the system through abusive strategic shorting...and willful broker/press distortions while at it.
ie. besides the latest Robinhood bankruptcy debacle, take a look at: (AFTER market???!!!???) Once again someone's lying...I wonder who, and why...
![](http://i.redd.it/no-its-not-its-before-market-open-cashapp-like-v0-jfl5l34r4zxa1.jpg?s=febd3d534656c3b64ff7e05fb1f169d875944d76)
Ref: https://www.reddit.com/r/amcstock/comments/1389ffe/no_its_not_its_before_market_open_cashapp_like/
Everyone with different data showing, multiple different market caps, suspect reporting, non-matching OS's between brokers, and on and on. Turn off dark pools...completely. Turn off shorting completely. Even if only temporarily for 6-12 months for proper market price discovery to work and re-balance what has been thrown off through suppression/pumps. Watch the fugly corruption get pushed out of the system when the lights (spotlights/searchlights) turn on. After all, if there isn't anything to hide, why worry about it because nothing will happen and the price is right...right?!?
The engine overheated a long time ago, the light is on and flashing, and it requires a transparency rebuild before the car dies completely... or maybe that's their plan. Hmmm.
IMO/NFA
![Bullish](/static/images/ih2-bull.png)
IMO/NFA
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