A brief devil's advocate to the SEC Report on Gamestop.
nopeitslily.substack.com
Only 9 months later, or a few seconds in government time, the SEC has released a long-awaited report on the causes of the 2021 Gamestop meme squeeze. Perhaps disappointingly, they point the finger at the army of retail traders who piled into the squeeze, dismissing theories that short interest (although a factor) and options gamma (although also a factor) were the likely culprits of the massive momentum we observed in late January.
A brief devil's advocate to the SEC Report on Gamestop.
A brief devil's advocate to the SEC Report on…
A brief devil's advocate to the SEC Report on Gamestop.
Only 9 months later, or a few seconds in government time, the SEC has released a long-awaited report on the causes of the 2021 Gamestop meme squeeze. Perhaps disappointingly, they point the finger at the army of retail traders who piled into the squeeze, dismissing theories that short interest (although a factor) and options gamma (although also a factor) were the likely culprits of the massive momentum we observed in late January.