FINRA FINALLY SPEAKS ON SYNTHETIC SHORTING!! - AMC Stock Short Squeeze Update
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Links;
https://twitter.com/FINRA/status/1636376055136256000
https://twitter.com/johnbrda/status/1636395959063138305
https://twitter.com/ggkoul/status/1636434908938682402
https://twitter.com/unusual_whales/status/1636675744767291393
FINRA finally speaks on the synthetic shorts! Janet Yellen and the FED also have 0 clue what they're currently doing and just how bad this is.
FINRA have finally spoken on MMTLP and agreed that they did halt trading 2 days early on the guise of 'not being sure if trades would clear before the 14th December when the ticker was deleted'
They also allowed shorts to not-close and simply transfer their positions to a completely different stock; Next Bridge.
Janet Yellen has also publicly said if you have money in a systemically important it will be 100% safe, but they will not be bailing out or protecting any money in non-systemically important banks, it seems the FED is actually trying to ENCOURAGE bank runs on smaller banks??? a bold strategy cotton, lets see how it plays out.
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