Replies to post #5486 on Gamestop Corporation (GME)

[I-Man]

Maxine Waters now wanting more regulations when simple point everywhere for many years, STOP naked shortselling which is what FINRA has told us several times in past years when we have called them about other company's stocks unfairly shorted. Selling more shares of a company than what legally is even listed total to offset and off balance the price so it is driven even deeper, wiping out true investors while profitting with a falling PPS and many times, drives said company into bankruptcy!! THAT is NOT the American Way people !!!

I listened to lots of this meeting and the various CEO's involved, listened to Charlie Gasparino and many other Wall Street pundits, and basically, the BIG bad unregulated hedge funds are mad the little guy tricked them- and they admit to shorting this and many companies into the ground ! And using what they are terming "synthetic shorting", ie; Naked Shortselling schemes which I have protested for years with SEC and even to Trump Admin who was going to address it this next term- but he was not re-elected...???

I have never bene interested in Game Stop. Seen it as a Blockbuster video store in fact. But this entire fiasco that occurred proved to me and the world, how these BIG hands can artificially create more stock and be short more stock than the entire float and call it legal !!?? Little mom & pop retail investros can't do that...???

[Prudent Capitalist]

Agree. GME shares will continue the steady drop back into single digits in time. No intrinsic value here to support $40, much less the levels we saw for GME back in January.

[prospector777x3]

Not in the 40's? Hmmm like your posts :)