Everyone is afraid to get squeezed and Melvin’d out of this fucking market. Hence the play is, not necessarily GME or AMC — but anything else heavily shorted on the move higher. That is the operative condition: MOVING HIGHER. Short squeezes do not occur whilst a stock is barreling lower.
I started off the day lower by 70bps and now I am +150bps. I am playing one short squeeze after the next. The criteria is simple: stocks with 20%+ of their float sold short, technically strong, higher by 4%+ for the day. I am not looking for tomorrow’s winners — I am looking for that shit to move right now.
All of these tools are available in Exodus and our members discuss these ideas regularly. However, in the event that you are poor and do not know where to begin — do not begin at the top of the upside-down pyramid and instead look towards the future. The GME die has been cast. But if you were a hedge fund manager now, seeing Melvin Capital down 53% in Jan thanks to GME and seeing the unpredictability of social media adopting a meme and running with it — wouldn’t you cover your big shorts too?
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Thoughts on FUBO they were talking it up on those same boards early last week….I have been buying since 32…i need to recover from my ROKU sell at $270
I’m offended that this snow coming down is so very white.
the suits the suits they’re shaking in their boots