We are working in a late-stage bear market context right now, which means, as the old pros used to say, bears are an endangered species and tend to get shot on sight. In other words, anything with lots of short interest has a squeeze target painted on it. We saw this in striking detail earlier […]
AMC
4 Heavily Shorted Names To Watch Closely (GME, AMC, SIGL, BB)
GameStop Corp (NYSE:GME) has been in the front page of the financial community for over two weeks now as the Reddit user who was behind the major short squeeze had doubled his stake to 100K shares, worth a little more than $4M. According to Bloomberg, GameStop’s CFO was forced out this week by the Chewy.com […]