What is the absolutely critical ingredient needed for a short squeeze?
all right, someone has to say this, for all of those talking about a potential upcoming short squeeze DO YOUR HOMEWORK.
Please, I’m begging you, you have no idea how foolish you sound, it’s just absolutely cringy, because it’s knowledge that is so easily accessible, but so many of you don’t take the five minutes necessary to understand things.
I will break it down for you as simple as possible. You need extremely high short interest for any sort of large magnitude short squeeze to occur. It was over 100% when the squeeze happened back in the day. Now it is at about 22%. Hopefully you can take it from here…
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Rusty Shackleford 1 : Yeah, I don't think MOASS is going to happen. I'm here because I believe in Ryan Cohen with 4 billion cash and no debt. I also think I saw something about Bed Bath and Beyond. So we will see
Warren E Buffett OP Rusty Shackleford 1 : And that’s a totally valid argument to make. There are definitely arguments here for the recovery of this company, it’s just so ick to see people, spouting arguments that they do themselves clearly they’re not understand, and infecting others with it
Rusty Shackleford 1 Warren E Buffett OP : Yes, unfortunately, most of the people who are here don't understand the actual stock market. There were probably about 5 reasons why the price shot up in 2021, and only 1 of them is currently happening.