Author: Mish Talk / Jan 30, 2021
GameStop was 140% short. Naked shorting is illegal. So how did it happen? The truth is, it happens everyday on Wall Street, because of loopholes and because of a lack of oversight.
https://www.thestreet.com/mishtalk/economics/naked-shorting-is-illegal-so-how-was-gamestop-140-short