~~~ embed:1354803580713111553 twitter metadata:U2xhc2hlcnx8aHR0cHM6Ly90d2l0dGVyLmNvbS9TbGFzaGVyL3N0YXR1cy8xMzU0ODAzNTgwNzEzMTExNTUzIHw= ~~~
Posted via D.Buzz
~~~ embed:1354803580713111553 twitter metadata:U2xhc2hlcnx8aHR0cHM6Ly90d2l0dGVyLmNvbS9TbGFzaGVyL3N0YXR1cy8xMzU0ODAzNTgwNzEzMTExNTUzIHw= ~~~
Posted via D.Buzz
Why did they delist GameStop?
Posted via D.Buzz
No official reason given. They will probably claim it is to prevent apes from buying the top but they could have also done it to prevent insolvency since they are on the hook for taking delivery of all that stock & none of their customers have the money to actually execute the option
In my non-expert opinion, they should dissolve if they cannot pay, and their assets should be use to pay the customers that bought against the naked short selling.
Posted via D.Buzz
They didn't do that in 2008 and now we're on a decentralized social media platform ( ͡° ͜ʖ ͡°)
Thanks for tipping me off on this @snacky, I learned about it first here!
Posted via D.Buzz