SPACE ROCKET
03-27

$Marathon Digital Holdings Inc(MARA)$  $Riot Blockchain, Inc.(RIOT)$  $CleanSpark, Inc.(CLSK)$  $MicroStrategy(MSTR)$  $Coinbase Global, Inc.(COIN)$  

So, what is a short squeeze?

With reference to the stock market, a short squeeze is a situation in which the price of a stock rises to such an extent that investors who have sold shorts have no choice but to purchase the stock in order to limit their losses, causing the price to rise further. 

This 'fake rise' causes many FOMO moments as greedy investors jump on the bandwagon, hoping to make quick bucks, but end up being trapped and losing loads instead. 

In other words, the 'quick rise' you guys saw in crypto stocks today are empty fluff, not backed by any sound financials of these companies.

So, did anyone get trapped in today's short squeeze?



Short Sellers Bet $11 Billion That Crypto Stock Rally Won’t Last

-- Short sellers are still betting billions of dollars that the rally in cryptocurrency-linked stocks fueled by a surge in Bitcoin will eventually end.Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest People. Trump Vows to Pay Fraud Trial Bond Cut by 68% to $175 Million. Total short interest, or the amount that contrarian traders have pledged against crypto stocks, has increased to nearly $11 billion this year, according to a report from S3 Partners LLC on Monday. More than 80% of total short interest in the sector are bets against MicroStrategy Inc. and Coinbase Global Inc.Over the last 30 days, traders betting against crypto-linked stocks have increased their positions, especially in MicroStrategy even as its shares climbed. Traders have poured $974 million into bets that the enterprise software maker will fall. That’s more than offset short covering — or contrarians buying back stock to exit trades — in shares of Coinbase, Marathon Digital Holdings Inc. and
Short Sellers Bet $11 Billion That Crypto Stock Rally Won’t Last

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  • NatalieTommy
    ·03-28
    TOP
    You raise a good point about short squeezes.
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  • Tom Chow
    ·03-28
    better
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