- Jul 8, 2000
- Reaction score
I worry about Citadel secretly paying some prominent figure and that person declares that a short squeeze is 100% to happen and people should put what they got into it. All to erase the wealth gap.
Then Citadel sues for market manipulation and gets an out somehow.
I believe that is definitely an angle they have been subtly pursuing. Some of those MarketWatch articles as of late have been clearly trying to set the tone for a manipulation angle.
That said, I don't know if it is necessarily meant to change the outcome of this situation, but rather them making the case for some sort of bailout after the situation plays out. Even Gary Gensler says that the issue his office sees no issue with retail investors getting together and buying a stock in that it is no different than a group of next door neighbors telling each other about a stock they like. Institutions' risk assessment/recklessness is the issue.