Who can explain to me how the $GME situation can resolve? I see three options:
1) Squeezers jump to silver (too big to swallow) and doge (which isn't even short in the same sense that GME is), pressure dwindles and shorters win.
2) SEC steps in to protect some group, actually protecting the shorters.
3) Shorters do declare bankruptcy and fail to deliver
So Squeezers are rooting for #3 but not very orderly. Some yell "To $100k! It's not about the money" and others take their profits.
This will inevitably lead to either the intermediaries and regulators resolving the dilemma or in the case of Shorters going bankrupt, in years of legal battle over the remains.
As Sun Tzu said: "When you surround an army, leave an outlet free."
Wouldn't it be wiser to define a clear goal that allows the Shorters to get out by paying the Squeezers accordingly? Block the easy way out with limit buys above $100 but get all on limit sells at $1000. This is the "way out" for the Shorters but at a terrible price:
* precedence: Other over-leveraged shorters will tremble as they already do a bit
* Squeezers get massive capital from Shorters
* Shorters end up holding
Bitcoin Maston Instance