The Reddit army may be hoping for another short squeeze after the GameStop share price more than doubled overnight. Related Stories: Oracle plans to bring 8,500 jobs, $1.2 billion campus to Nashville. Want to know what a short squeeze is and how WallStreetsBets Reddit Army was able to pull it off? GME was one of the most heavily shorted stocks on the market. Therefore, in a short squeeze, the short sellers risk bankruptcy even if they are ultimately right about the fair value of the stock. However, at SpotGamma we observed that the number of put options traded increased sharply. The Wall Street Bets reddit forum leveraged the options market to create a short squeeze in Gamestop (GME). People started to discuss this stock as a candidate for the next big trade – the “YOLO” (You Only Live Once) bets that can make or break people’s lives. GME Stock Mania: Today’s 10 Biggest Stories in the Reddit Short Squeeze Saga Grab a bowl of popcorn and dive into the GME stock news driving the market today By Sarah Smith, InvestorPlace … April 21, 2021 6:09 AM Latest: Snap: Analysts Call For Company To Hit Guidance For Q1; Long-End of Canadian Yield Curve Sent Soaring on Plan to Issue Record Debt; Frank Holmes: Inflation Is Greatly Understated ; Southwest Airlines: Analyst Consensus … There was also a post along the lines of "there are ~50M public shares, 2M of us, if everyone bought 25 shares, we own GME!" Supply falls short of demand and the scramble to get a hold of stock only drives the price up more. GameStop’s Reddit Believers Find Hope in Short-Squeeze Mention By . Obvious paid shill accounts with the ol' adjective-noun-number format in their username started commenting way more hateful, personal stuff on my posts. March 24, 2021, 12:56 PM EDT GameStop’s Reddit Believers Find Hope in Short-Squeeze Mention By . The Reddit army may be hoping for another short squeeze after the GameStop share price more than doubled overnight. GME/AMC (YOUR RICH$$$$$) EASY WAY TO FIGURE THE SQUEEZE PAYOFF. Recognizing this, savvy retail investors decided to take advantage of the opportunity. If one believes that the world’s wealth should be distributed more equally, the GME short squeeze made a very small improvement by transferring wealth from the (mainly) very wealthy to the (mainly) slightly less wealthy. Brandon Kochkodin. Has more than 5,000 brick-and-mortar stores selling video games ; Struggling during the pandemic — keeping customers away and shopping online Up until now, in theory, Gamestop stock could rise even more if Reddit accumulated the overwhelming amount of … Nicolas Cole . … In the long term, this retailer’s fundamentals are showing potential upside. Its stock price will reflect that. A vastly improved search engine helps you find the latest on companies, business leaders, and news more easily. Though some believe gains have been fuelled by a massive short-squeeze, demand for shorting the stock remains strong. On a reddit forum called /r/wallstreetbets, something was indeed cooking. Because stock prices have unlimited potential to rise, the short seller is exposed to potentially unlimited losses. AMC share price: How AMC Entertainment stock value was driven up by the Reddit GME ‘short squeeze’ The Reddit community which sent GameStop’s … I am only using GME & AMC official short numbers reported, see links. The next day, following the dramatic intraday 200pct rise and fall of GME on January 25 th, it appeared to many as if the squeeze was over. Through effective online messaging, the group was able to rally GME’s share price past the inflection point that forced short sellers to start hedging. Meanwhile, even as the GameStop squeeze heads toward a crescendo — an endgame where the GME share price either soars beyond $1,000 or plummets into double digits — the Reddit … The iShares Silver ETF popped on speculation that it has become the target for the next Reddit short squeeze. The squeeze refers to the role they took in it. (This was September 2019) That bet is now worth $13 million. Koss (NASDAQ: KOSS ) had exceedingly low short interest as … The big short squeeze: The untold story of Reddit’s golden investor. I started following WSB just before this one.. it was calm then. One such user named deepf***ingvalue, had put in a legendary $50K bet on GME in options. What pro traders, the Reddit crowd and regulators may do next in the GameStop short squeeze saga Published Fri, Jan 29 2021 8:12 AM EST Updated Fri, Jan 29 2021 11:52 AM EST Bob Pisani @BobPisani “GME Squeeze and the demise of Melvin Capital,” wrote the user, Stonksflyingup, referring to stock ticker of GameStop Corp. and Plotkin’s $12.5 billion firm. Latest Reports. The idea was picked back up after the gme … Here's how it happened. Join Share Advisor; Invest. Sweet Revenge: Death By Short Squeeze. BASIC MATH WITH GME & AMC SHORT SHARES. GameStop’s wild ride: how Reddit traders sparked a ‘short squeeze’ The week that have-a-go individual investors forced a defeat from hedge funds and shook up the market. On a quantitative basis, the initial gamma squeeze seemed to reset and short covering subsided. MENU MENU. See a Reddit short squeeze list as r/WallStreetBets users send various stocks sky-high—including GameStop and AMC—and send hedge funds scrambling. Reddit wallstreetbets gme triggered a massive short squeeze that sent Gamestop stock soaring to over $300 per share.
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