GME Crazy this week actually closed below $22.5. I doubt there are any short sellers/ put buyers here at this price considering the profit taking level would need GME to go down to at least $12-13 (which is theoretically impossible) for a 1:1 risk to reward.
We are now in the TRUE short squeeze territory (many people have been calling it out for years but this is the real deal) that has taken 4+ years to finally manifest. MMs and algos cannot bring this below $20 because that would cause a huge short squeeze that they cannot control. They have no choice but to try to control the price here as long as they can but eventually they will have to let go within the next 2-3 weeks.
It is literally win win for any new GME bulls or current ones to average in - only up from this point. This is the chart that Kitty has long been waiting for. I have already taken a 6-fig call position (mix of 3-6 month out, bought when GME was $21.7 yesterday). It is now or never - Rich or Wendy's!
GME can any one in power in the us and elsewhere get this newly written act by me passed in the us senate. Clearinghouse Margin Coverage Act of 2025 Section 1: Short Title This Act may be cited as the "Clearinghouse Margin Coverage Act of 2025." Section 2: Purpose To enhance financial market stability and fairness by requiring registered clearing agencies to fully cover margin requirements for member brokers, ensuring non-discriminatory application to prevent undue restrictions on retail investor trading activity. Section 3: Definitions
Clearing Agency: A registered entity under Section 17A of the Securities Exchange Act of 1934 (15 U.S.C. 78q-1), including the National Securities Clearing Corporation (NSCC). Margin Requirement: Collateral demanded by a clearing agency from member brokers to guarantee trade settlement, as defined in SEC Regulation T (12 CFR 220). Bias: Any margin calculation or enforcement practice that disproportionately disadvantages retail-focused brokers or investors, as determined by the Securities and Exchange Commission (SEC).
Section 4: Margin Coverage Mandate (a) Full Coverage: Effective January 1, 2026, all clearing agencies shall assume full financial responsibility for margin requirements imposed on member brokers, eliminating broker collateral obligations for trade settlement guarantees.(b) Funding Mechanism: Clearing agencies shall maintain a Margin Coverage Fund, capitalized through:
Annual assessments on member firms, proportional to transaction volume. Clearing fees, as authorized under Section 17A(b)(3)(D) of the Exchange Act. Federal Reserve emergency lending, as approved for systemically important utilities.(c) Risk Management: Clearing agencies shall submit annual risk models to the SEC, ensuring Margin Coverage Funds withstand volatility events equivalent to a 1,500% stock price surge (e.g., GameStop, January 2021).
Section 5: Non-Discrimination Requirement (a) Uniform Application: Margin calculations shall use standardized, transparent algorithms, publicly disclosed and audited annually by an independent third party, to prevent bias against retail-focused brokers.(b) Bias Prohibition: Clearing agencies shall not impose margin requirements that disproportionately restrict brokers serving retail investors, as determined by SEC review of trading restriction impacts (e.g., sell-only limits during January 2021 GameStop volatility).(c) Enforcement: The SEC shall establish a Bias Review Board to investigate complaints of discriminatory margin practices, with authority to impose fines up to $500 million per violation. Section 6: Implementation (a) Rulemaking: Within 180 days of enactment, the SEC shall promulgate rules to implement this Act, including:
Margin Coverage Fund capitalization standards. Transparency requirements for margin algorithms. Criteria for identifying bias in margin enforcement.(b) Transition Period: Clearing agencies shall comply by January 1, 2026, with interim reporting to Congress on funding progress.
Section 7: Oversight and Reporting (a) SEC Oversight: The SEC shall conduct annual audits of clearing agencies’ Margin Coverage Funds and margin practices, reporting findings to Congress.(b) GAO Study: The Government Accountability Office shall study the Act’s impact on market stability, retail access, and systemic risk by December 31, 2028. Section 8: Severability If any provision of this Act is found unconstitutional, the remainder shall remain in effect. Section 9: Effective Date This Act shall take effect 90 days after enactment, except as otherwise provided.