Short squeezes are happening all over the market, largely orchestrated by motivated retail stocks buyers who are explicitly trying to crush Wall Street shorts. The rookie investors are using online chat rooms and websites to garner information and support, pushing these embattled stocks to the brink.
GameStop has about 138% of its float shares borrowed and sold short, the single most shorted name in the U.S. stock market, according to FactSet citing the latest filings. GameStop is the most actively traded stock on Fidelity on Monday, with AMC also earning a top spot. Buy orders for GameStop are outnumbering sell order by nearly three-to-one.Bed Bath & Beyond is trailing GameStop but also has major short interest, with 64% of its float shares tied up in short bets.
after the company disclosed that it had secured enough financing to remain open and operational deep into 2021 on Monday.
How is this legal?
uh huh yeah okay
was bazaar and quite problematic
Very Linux 2000 😂
Meanwhile, Tesla is at 875 lol stfu and get your ass handed by retail.
And they never mention Roaring Kitty. headdesk
MDLY 650k float
Same thing happened today with IRBT. What going on?
Craziest thing I’ve seen would probably be the Financial Crisis where apparently the smartest people in finance destroyed America and got bailed out and bonuses... I guess it’s a little different when retails are screwing the hedge funds over for once...
US renunciation paper NOW!!!!!!!!!!!!!!!!!!!!!!!
All hail u/DeepFuckingValue 🏴
Steve, I think Tesla might have been “crazier”
wow
im just waiting for it to pop.
It’s a new day. Retail investors run the market now. Get used to it
gamestop destroyed my business and it ruined me for years. This is an evil demon that will eventually catch up to you
$GME bearish BUY $WKHS at . 23.50 short and long term bullish
Maybe it’s time for reddit to go public?
Really? Tesla, Bitcoin and all the IPOs and SPACs in 2020 is totally normal!!