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A few assumptions in my "new solution" DD for #AMC & #GME Please comment if these assumptions are wrong or need adjustment:
1- Most brokerages don't fulfill orders immediately. They keep the money / may benefit from a decline in two days or longer aka T2+. No enforcement
1- Most brokerages don't fulfill orders immediately. They keep the money / may benefit from a decline in two days or longer aka T2+. No enforcement
2- Naked shorting is legal. Synthetic shares can be created to maintain an "orderly" market. The system has no enforcement mechanism and squeeze plays that last a few days encourage such practice. MMs & shorts benefit. Type 1 synthetic shares.
3- Big money buys huge puts, MMs create synthetic shares & sell them while they dont have any shares & / no shares available (Type 2 synthetic shrs) MMs purchase it cheaper later MM benefit more from deflation. Big money shorts as much as they want. burden on MMs => option fukry
