The real reason Wall Street is terrified of the GME situation
Retail investors collectively own more than 100% of GME shares in existence due to widespread counterfeit share creation by hedge funds and financial institutions. This illegality and the inability to locate real shares to cover shorts will force a resolution that benefits long retail positions and could destabilize parts of the financial system.
1d—
3d-58.9%
1w-71.7%
1m-47.5%
3m-22.8%
6m-28.4%
1y-51.6%