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We are seeing them become the next meme stock that people are trying to pump. Unlike GameStop their pumps have very little to do with short squeezes because the
by argonaut 6y ago
We are seeing them become the next meme stock that people are trying to pump. Unlike GameStop their pumps have very little to do with short squeezes because these stocks were not being shorted anywhere near as much as GameStop was.
- grumple 6y agoShort squeezes can occur with significantly less short interest than 100% if others want to maintain controlling interest in a stock or are otherwise unwilling to sell except for over market value. Even a small change in a stock's liquidity can result in a large impact on available price.
- argonaut 6y agoSure that is possible. I have not seen anything indicating that is the case being made with AMC etc.