LogFAQs > #950060637

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Topic	Politics Containment Topic 362: Now With Diet Coke Button
HeroDelTiempo17 01/29/21 3:40:48 PM #471:	ChaosTonyV4 posted... But would eliminating any of these three things have prevented what happened/is happening? It depends. If you are buying into WSB/reddit collectively organizing this on their own, then no. But as more details come out and it seems like more firms are involved, it seems unlikely to be that simple. But if the whole betting structure of shorting is what's causing this regardless of specific actors then maybe that has to go, or be tightly regulated or heavily taxed or something. As an aside, was looking into the stuff about the sales stop yesterday and part of it was that one of the companies involved had leveraged ALL of its assets as collateral and had no more leverage to buy on behalf of users. Stuff like this is just insane to me. Why is any of this allowed? --- I definitely did not forget to put the 2020 GOTD Guru winner, azuarc in my sig! <cite>HeroDelTiempo17 posted [p:950060637] in Politics C... [t:79256670]...</cite> <quote>ChaosTonyV4 posted... </cite> <quote> But would eliminating any of these three things have prevented what happened/is happening?</quote> It depends. If you are buying into WSB/reddit collectively organizing this on their own, then no. But as more details come out and it seems like more firms are involved, it seems unlikely to be that simple. But if the whole betting structure of shorting is what's causing this regardless of specific actors then maybe that has to go, or be tightly regulated or heavily taxed or something. As an aside, was looking into the stuff about the sales stop yesterday and part of it was that one of the companies involved had leveraged ALL of its assets as collateral and had no more leverage to buy on behalf of users. Stuff like this is just insane to me. Why is any of this allowed? --- I definitely did not forget to put the 2020 GOTD Guru winner, azuarc in my sig!</quote> ... Copied to Clipboard!
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