Chatter #134 - Houston Wade On How GameStop Happened, Naked Shorts, and FTDs
#gamestop #shortsqueeze #gammasqueeze #nakedshorts
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Houston Wade is a Geologist, Astrophysics professor, a current Harvard grad student in History, and the proud owner of a driveway full of shitboxes all in various states of repair. I found Houston’s work first after reading at thread by him on Twitter about the GameStop saga and had to get him on the show. Since December of last year GameStop had been on a crazy ride as a company and the redditors on Wall Street Bets have been ridiculed and parodied, but they may be onto something. We talked all about what he describes as the “baby squeeze” in January, naked shorting, counterfeit shares, the SEC, and the DTCC insurance policy worth $67 trillion.
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