4 ms·
It's interesting to see how this is being framed as a consequence of retail investors on r/WSB when the reality is that the price has been short squeezed up mos
by knaik94 6y ago
It's interesting to see how this is being framed as a consequence of retail investors on r/WSB when the reality is that the price has been short squeezed up mostly due institutional investors having to buy back stock in order to cover their shorts on GME. Anyone who has spent more than a few hours on r/WSB sees that it's not exactly a cohesive unit. " Just today, CNBC reported that GameStop is “the single most shorted name in the U.S. stock market.” "
I currently am not holding any positions.