I see it differently. The GME situation highlighted disparities in market access and shed light upon loopholes in short-selling regulations (including the bona-

I see it differently. The GME situation highlighted disparities in market access and shed light upon loopholes in short-selling regulations (including the bona-fide market-maker exemption) that allow market participants to sell delta that they can't find. I also think the caveat of using the epithet "pump and dump" is that you should have some evidence that the initial information was false or misleading. As it turns out, Melvin was extremely short, as were others, and everyone who got involved prior to the squeeze had ample opportunity to make money. Not every hyped name that rallies immensely and then sells off aggressively is a "pump and dump." The stock is still up 20x in a year.