a lot of smart lawyers working at the SEC, they know their shit Disclosure is their hot buttons in the last few years, everything that is not properly disclosed, they go hunt you like a pack of wolf. If you are big and have the money, it's cookies time for them, easy targets, because there is always something missing or "dodgy" in your disclosure. Impossible to track everything for a compliance department.
What they do not tell you is the other hedge funds who made billions running up GME and AMC, getting out at the top and then, shorting it on the same day, and making more monies when prices dropped 50% in one day? Those guys are the real big winners, not some lucky retail traders. Most retail traders lost their monies. A lot them was still buying shares of GME and AMC at the very top.
100% correct And once this settles down there will be as many shorts as before,(with better hedging) and GME will go to zero
If there is better hedging to the shorts, that means there would be longs, GME will survive forever. Long live GME!!!