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While I'm wary of Robinhood and their reasoning I can believe it as they're a new company, but I can also believe that the DTCC is involved in all this.

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Naked shorts are already illegal, so if that happened Im pretty sure that they will all face severe repercussions. But the 140% short interest is very misleading and points to naked shorts even though the excessive short interest can explained without them.

Terrifying if true.

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