Goldman Sachs says this is the biggest short squeeze in 25 years, with shorted stocks up 98%

The most heavily-shorted stocks have rallied 98% over the last three months, making it the most extreme short squeeze of the last 25 years, according to Goldman Sachs.

In a note to clients David Kostin, Goldman Sachs' chief U.S. equity strategist, said the recent trading activity that's sent names like

Pro Lol silver silversqueeze

Pro thanks actually a lie.

Pro The shorts are going to send Bitcoin to 100K+

Pro

Pro Our leader is holding and so shall you! Do your part! No more yachts for Hedgies...suck it Melvin...

Pro HOOOOOOLLDDD 🗡🗡🗡🚀🚀🚀🚀

Pro LOL We didn't have online trading apps 25 years ago, but we've known for almost as long how HFT software brings unprecedented market manipulation. 😳 GoldmanSachs

Pro This week is gonna be wild!!

Pro

Pro but it won't affect Melvin Capital because you said they closed their shorts right?

Pro That’s cuz we run the ship now 😄

Pro The fun has just begun 💎🙌🚀

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Source: CNBC - 🏆 12. / 72 Read more »