@matt_levine I appreciate the article and information. One thing that you mentioned in passing was the float over 100% (the linked article said 139%). From what I’ve read that is what makes this GME push unique, no? For ex., how can short int. get to 139% absent a naked short? 1/ https://twitter.com/matt_levine/status/1355201995532083203

And aren’t naked shorts illegal? And what would the purpose of the massive (139%) short here be? I mean (numbers wagged) at 30% short maybe it is simply that folks are hedging their bets that a lockdown devastated stock is going to continue to lose value (that makes sense), 2/

But at 139% is there any basis to do that other than drive it out of business? And if that is the case, i.e. hedge funds are illegally or improperly naked shorting a company (i.e. using improper means to artificially reduce prices), isn’t that the real prob, not the WSB folk? 3/

I’m on the outside looking in here, but frankly I find this all fascinating. And one of the things that I find is often glossed over is what started this all in the first place, i.e. someone came across something that seems off (139% doesn’t pass the ‘smell test’ btw), 4/

Studies it for a long time, capitalized on it, told others, and they followed suit. And from the outside looking in it would seem less like they were “punishing venture capitalists because ‘eat the rich’” or what have you, and more like they were holding 5/

Bad actors (not your typical short sellers rather short sellers seemingly naked-shorting a company to bury it) to account (, in effect). While ultimate motive is surely ROI, to many this seems to have the added benefit of discouraging bad behavior (don’t BK cos to make a buck) 6/

And finally, if it is not possible to legally short at 139%, where in the heck was the SEC/FINRA on this? After all, it would seem they surely should’ve been able to figure this out before some dude calling himself ‘DeepF*ckingValue’, no? 7/

I realize my comments were inartfully written, but I hope you get the gist of where I was going with this and decide to follow up on some of the issues presented. I’m not alone in the questions/concerns presented, and I hope to read more from you on the subject. 8/

Please shoot me a link if you do, and thank you in advance for the courtesy of reading my ramblings (should you somehow have made it this far)... Take care!