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So question - why would SEC looking into trading activity at GME/AMC cause prices to fall?
I thought the premise here wanted that and that regulatory review would expose the naked shorting, potentially leading to closing of short positions either in anticipation of regulators or due to actual regulator activity.
Meme stocks stumble after GameStop discloses SEC probe into trading frenzy
The big meme stocks all took a hit in after-hours trading Wednesday as GameStop discloses SEC probe and willingness to fully cooperate with the regulator's...
www.marketwatch.com
I thought the premise here wanted that and that regulatory review would expose the naked shorting, potentially leading to closing of short positions either in anticipation of regulators or due to actual regulator activity.