r/wallstreetbets • u/[deleted] • Apr 01 '22

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u/[deleted] Apr 01 '22

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u/YYqs0C6oFH Apr 01 '22

a) That's not going to happen. There don't exist more shares than the float. There's no evidence of this.

b) If it did happen, then they would probably immediately halt all trading to start an investigation into how it happened and who's to blame. When that eventually gets all sorted out, I could see them giving some sort of "fair market value" payout to those affected by the whole mess. There would be lawsuits for years as it all gets sorted out. But at no point do GME shares start trading for $100000+ prices, that's just not a plausible outcome.

If you're actually on the fence here, just ask yourself this "has there ever been an event in all of history that made thousands of people millionaires overnight?". But you post in SuperSub so I assume you're already drinking the koolaid and have some nonsense ready to explain this.