Here's my initial take on the GameStop thing, hopefully it's visible. 
Ok I want to answer the thing people have pointed to about "140% of the shares were short, how is that possible in a free market!" I see where people are getting that. That does not mean hedge funds invented fake stock to sell short. That literally isn't possible. cont
What it means is that SO many people want to take short positions (especially now that the price has been artificially inflated so high) that people are shorting it sequentially. So let's say I short 1 stock. That means I borrow 1 and then sell it. It could then be shorted again
It doesn't mean extra stock was invented, it just means that essentially 2 people are in a short position on the same stock at different prices. I know it's complicated but in the same way trade volume in a day can exceed float in rare circumstances..
As in 100 shares could be traded in a day even though there are only 50 shares, that just means people bought and sold multiple times in a day, essentially. It doesn't mean there are 50 additional "fake" shares. Same goes with people having short positions.
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