Originally Posted by
tripled
Anyone else riding gme up? Is occupy wall street striking back?
Buying highly shorted stocks is becoming a strategy, until the SEC gets involved. Thank Reddit users, any stock with a huge amount of short interest is being short squeezed ($GME, $AMC, $BBBY) I bought AMC yesterday and I’m up 80% (up 60% after hours), now it was only 500 shares, (treated like a vegas bet) but I made $1,600 in less than 24 hours. I wouldn’t be too aggressive, just throw a couple of thousand and see what happens. They’ve already attempted to halt trading on $GME multiple times, usually that’s how guys get killed, but it rips once trading is allowed again. The Reddit mob is out to set an example.
https://www.highshortinterest.com/
I’d suggest downloading Reddit and joining r/WallStreetBets, it’s entertaining at least. The $GME massive short squeeze is biblical. We’ll probably never see anything like this again. The shorts deserved this, 130% short volume on $GME is ****ing reckless, the hedge funds got caught in their own game of price manipulation and are being bankrolled.
https://markets.businessinsider.com/news/stocks/gamestop-short-sellers-squeezed-losses-reddit-traders-army-cohen-palihapitiya-2021-1-1030006226