Man they can really turn a market and ruin a stock, huh... I hear the Hedge Funds really pissed what happened to them over with Robinhood App and GME and Redditt folks, that they placed massive net short on that stock now. Looks to be going on here too...
That would be fine in my mind I guess, except, going "naked short" is the real problem NOBODY wants to deal with... Has to be stopped ! If you cannot "buy" more shares of a stock than what is legally registered to trade openly, you CANNOT sell/short more shares than is legally registered to be out there and call it a fair & even playing field; yet brokers like TD and others do it all the time- loaning YOUR shares out to such groups for a "fee", whose only intention is to devastate companies and it is wrong!
There exists a trade gap way down at 27.85 though I don't think this will fall that much, but after what was revealed globally in US equities last week regarding GME and Hedge Funds who are unregulated, and Powers to Be, anything is possible and we are all on our onw out there with NO Protections whatsoever from the Regulators or Authorities..
The US Equities markets today are more volatile than the Commodities Futures markets I used to be in back in 90's.. US Equities are so rigged and crooked today and the little guy has everything against him, as NONE of the SEC filings, news reports good or bad, mean a dammn thing when some major PLAYER can create and make or break any market or stock at their will and profit from that... ...
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