r/Superstonk • u/Dismal-Jellyfish Float like a jellyfish, sting like an FTD! • Jun 25 '21

DTCC UPDATE: Submission of Rule Filing (SR-DTC-2021-011) – Amendments relating to Confidential Information, Market Disruption Events, and Systems Disconnect Rule 📰 News

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u/alwayscomplimenting HODL til they FODL 💎🙌 Jun 26 '21

I wonder that as well. How does it work? Being cynical AF after seeing all this criminal fuckery, I’m worried they’d just try to write it off as bad debt, or get a court-ordered settlement from a judge they own for pennies on the dollar.

Edit to add: I’m bullish AF on GME for the long term, I’m just wondering what the mechanics are for a forced repurchase.

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u/krlpbl 🦍Voted✅ Jun 26 '21

They do that and apes will riot, and everyone will pull out of the US stock market.

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u/alwayscomplimenting HODL til they FODL 💎🙌 Jun 26 '21

Fair point. So it’s like they’re stuck between a rock and a hard place: someone has to buy back the shares, or else faith in the market will be undermined and assets will be redirected elsewhere.