π₯ MANY BROKERS WILL NOT SURVIVE THE SQUEEZE π₯ - AMC Stock Short Squeeze Update
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Links;
https://www.reddit.com/r/Superstonk/comments/rw9qp2/webull_ceo_discussing_dtcc_requirements_and/
https://twitter.com/BossBlunts1/status/1480114065280274435
https://gmedd.com/blockchain/barrons-reports-gamestop-explored-acquisition-of-defi-company-loopring/
Many brokers will not survive the squeeze, the CEO of webull gave an interview where he noted that the DTCC requested HUNDREDS of BILLIONS of Dollars in Collateral, $1 of collateral for every $1 traded in Gamestop & AMC.
Many brokers did not have this kind of collateral which is why they HAD to turn the buy button off, either that or face instant bankruptcy.
There are a number of things that suggest to me that the squeeze is coming VERY soon, such as bitcoins activity, market activity, current options chain etc.
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Video topics:
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