shauncj
2021-07-08

I still don’t understand meme stocks and how they move. [LOL] 

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Comments

  • Skai
    2021-07-08
    Skai
    That means short sellers are bleeding daily to pay the interest. When they can't hold anymore, they have to buy back the shares. Shares price for AMC will rise a lot. Google "short squeeze"
  • KH321
    2021-07-08
    KH321
    nobody understand. you are not alone. [开心]
  • Skai
    2021-07-08
    Skai
    Most meme stocks are just created to distract followers. $AMC Entertainment(AMC)$ and $GameStop(GME)$ are the main ones. AMC is on the threshold list and has super high short interest.
  • shauncj
    2021-07-08
    shauncj
    Thanks for the info
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