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It's not like this is the first time a short squeeze has happened. Has the SEC stepped in for other squeezes? If they were gonna step in, it should have been wh
by Miner49er 6y ago
It's not like this is the first time a short squeeze has happened. Has the SEC stepped in for other squeezes? If they were gonna step in, it should have been when naked shorting was occurring, not now.
- sjy 6y agoIt looks like there was a listed short squeeze fund, SQZZ [1], which closed in 2018 only for lack of investors [2], so the SEC doesn't seem to have a fundamental problem with the strategy. [1] https://www.sec.gov/Archives/edgar/data/1559109/000089109215003026/e63610_485apos.htm https://www.sec.gov/Archives/edgar/data/1559109/000089109215... [2] https://www.etfstrategy.com/active-alts-closes-contrarian-short-squeeze-etf-65487/ https://www.etfstrategy.com/active-alts-closes-contrarian-sh...