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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Ccube who wrote (66233)1/26/2021 9:50:31 PM
From: scbeachbum  Respond to of 78783
 
It will be an interesting day tomorrow. Thing is the "short busters" learned a few things from GME. First is they can drive stocks higher and higher and their strategy works. Second is to target stocks with massive short interest...and make it painful for hedge funds to keep holding short. They are singlehandedly driving some of these funds out of business. The other hedge funds also learn too and if they are short they are trying to unwind their positions in these massively shorted stocks, where it's a self fulfilling prophecy of driving up the price further. I have high hopes for AMCX short squeeze to really gain momentum tomorrow.