SEC TO BAN DARK POOL TRADING? π₯ - AMC Stock Short Squeeze Update
Donnahue George has filed for a Preliminary Injection with the US District Courts to temporarily ban dark pool trading until a full share count has been performed!
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Links;
https://twitter.com/DonnahueGeorge/status/1435227485906554882
https://twitter.com/userofintellect/status/1435087546317357056
This could be absolutely brilliant if the courts force the SEC to halt dark pool trading, as we know just how much manipulation goes on in the dark pools.
User Of Intellect also noted that there are currently 21m legit shares on loan that haven't yet been shorted.
Synthetic shorting is also not currently possible due to the new introduction of the CAT system.
Therefore, this could be the last 21m shares that hedgies have available to prevent the squeeze. They could try a fake squeeze and then try to dump/short the shares in order to drop the price, so be careful!
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