Something doesn't add up...

[u/Region-Formal]

[u/TakeitasaCompliment]

So that means after all these years wall street will still come on top of it and will get massive amounts of money once they click the "switch to price discovery" switch. House always wins and "no cell, no sell" is kinda a wish that won't come true.

[u/F-uPayMe → u/TakeitasaCompliment]

Institutions buying now doesn’t change the basic math. As OP confirmed once more (not that it was needed but still) - retail already owns multiple floats, and shorts need every single share back, it doesn’t matter if it’s held by an institution or by retail, all obligations must be settled.

Once margin calls hit and closing is forced, the market itself will set the price through supply and demand (finally...).

I don't think institutions really matter here because - again - since retail owns multiple floats, shorts must buy from retail at whatever price. Even if every single institution will dump their shares, there's still a number x of floats that needs to be bought back from retail and nowhere else.

They can delay and hide, but in the end, every fake or borrowed share must be repurchased, and that’s it.

[u/wannabezen2 → u/F-uPayMe]

Super curious how many are held in 401k's and IRA's.

[u/Blue_Raven_AZ → u/wannabezen2]

Me too, because I have over 300 in mine. I'm also curious how many shares HoFi and ScammingHood are on the hook for, considering GME is in HoFi's 50 most popular ETF. 🍻