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Shortsqueeze

What does GameStop’s share split mean for the short squeeze?2022 is looking like a year of stock splits as companies seek to make their shares more appealing for retail investors. Following Alphabet (NASDAQ: GOOGL), Amazon's (NASDAQ: AMZN) and Tesla's (NASDAQ:TSLA) recent split announcements, GameStop (NYSE:GME) followed suit, hinting at plans for its first stock split in 15 years. The American video game retailer, which has become a favorite “meme stock” among retail investors, disclosed in an SEC filing during aftermarket hours on Thursday that it plans to implement a stock split of its class A shares in the form of a stock dividend. GameStop said it plans to boost its share count to 1 billion from 300 million, indicating that it would carry out a three-for-1 stock split, giving existing shareholders two more shares for every share they hold in the company. The plan is still subject to shareholder approval at the company’s annual meeting. The company’s stock, which surged to its 2022 peak of $189.59 on March 28, jumped 15% in premarket trading on Friday following the news before paring gains to close 0.8% lower on the New York Stock Exchange. Compared with Apple and Amazon, whose share prices have hovered around $3,000 in recent months, and Tesla’s stock price that closed at over $1,000 on Friday, GameStop’s stock is relatively more affordable for mom-and-pop investors and those that are riding on a new investment trend that has become popular during the COVID-19 pandemic. GameStop to the moon GameStop is among the most favorite meme stocks on Reddit forums like the wildly popular subreddit WallStreetBets where users discuss the next stock to pump up. Investors piled into GameStop’s stock in January 2021, sending its shares skyrocketing 400% week on week on Jan. 29, 2021, to an all-time high of $325. This caused a short squeeze in GameStop stocks in a blow to short sellers that collectively lost about $13 billion, according to estimates by financial analytics firm S3 Partners. Market watchers also attributed the spike in GameStop’s shares to hedge funds that made substantial profits from the short squeeze. GameStop’s stock has since fallen 49% since that peak as of Friday, April 1, as many investors are unable to justify the company's stock price given its poor financials. GameStop's financials fail to keep up In the recent fiscal year ended Jan. 29, GameStop booked $381 million in net loss, 77% wider than its $215 million loss in 2020. Revenue, however, climbed to $6.01 billion from $5.09 billion the previous year. Prior to the short squeeze in January 2021, there had been rumors that GameStop may be going out of business as the company announced store closures and logged millions of dollars in debt. “This greed by the short sellers to have GameStop go bankrupt — ironically, they now saved GameStop for probably forever,” Justin Dopierala, founder of DOMO Capital, was quoted by Digital Trends as saying. With the money raised from the securities market, GameStop could turn its business around. The company recently disclosed plans to foray into non-fungible tokens or NFTs by the end of the second quarter of fiscal year 2022. Risky bet for short sellers For short sellers, GameStop’s planned stock split would force them to buy additional shares before they return their loaned shares. As the company plans to carry out its stock split by issuing a stock dividend, shareholders who lend their shares to short sellers are still entitled to the dividend from GameStop, while the short seller will have to either repurchase the share before the ex dividend date or pay a dividend to the other party that acquired the shorted stock.
NYSE:GME
by BlackBull Markets
1
ACB Short Squeeze! 70% short ratio! 👉Why $ACB short squeeze is the Next $gme $amc ACB has over 20 million short shares, and with daily short volume above 50% (yesterday was 70%❗) this means it's just the shorts trading with the shorts. (shorts are selling to another short that's covering⚠️) and with the stock near historic lows, it's due for a massive rip/ short squeeze up. -Market cap is slightly above cash levels, so it's dirt cheap -recent acquisition makes the company instantly positive ebidta -breaking out of long term falling wedge -near all time lows -yahoo message boards full of short bashers (indicating lots of shorts to be squeezed) Load up a few shares
NASDAQ:ACBLong
by BeforeMrQ
1
Watching KAVLKavl is pretty interesting. it clearly did its first accumulation and is holding a pretty nice pennant. The borrow fee is 588% which is extremely high. Shorting this is very very difficult. The short is over 30% of the float at 100% utilization. I think we could see more action here in either direction but something tells me it has strong squeeze power. Its vape stock, that just got its FDA approval back, which was revoked due to fruit flavor "bidi stocks"
NASDAQ:KAVLLong
by UnknownUnicorn3570385
The ETH market is in the Phase 3 (Short-squeeze) of bulls attackThe breakout of ETH market happened as we expected and the ETH price had risen rapidly more than 10% in the past few day. The order of strong bulls attack (ETH price may up to new high) including 5 Phase. Now we are in the phase 3 (KD 50 -> KD70-80, and KD>70 more than 3 days) that I mentioned in my previous articles. check the funding rates: upload.cc Phase 3 (Short squeeze). KD 50 -> KD70-80, and KD>70 more than 3days: Market makers carry out the strong short-squeeze ( bullish ), and price rise rapidly. The fuel of short-squeeze decreasing as price rising (see the funding rates). Wonderful performance may be coming! Good luck! Ps: If you want to understand the complete process of strong bulls attack (5 steps), please check my previous articles :D. ---------------------------------- Analyst of cryptocurrency Yu-Shiuan Chen
COINBASE:ETHUSDLong
by Analyst_YuShiuanChen
My Daily Short Volume Indicator (1st on TradingView)Hi all, Given the recent attention to short interest, short volume, short everything - I'm publishing this analysis about what my indicator does and does NOT do since I've already been getting a few questions about it. Terminology: Short Volume = the number of shares opened *or* closed short in a given day. (Unfortunately, this data does not exist intraday for retail usage from exchanges. If you want intraday, you WILL have to buy this for an extremely expensive monthly subscription.) Short Interest = the number of shares currently open which are held short against a specific stock / ticker. (This is only reported by the exchanges twice monthly and has a two week lag - 2021 schedule here: www.finra.org) Short Float = the percentage of shares currently open short / the number of shares currently float (float = in market circulation) in that stock. Introduction: Quandl supplies a daily total volume and short volume dataset for two main exchanges - NYSE & NASDAQ. This indicator aggregates both of those so you have everything which is publicly and easily available via Quandl BUT and this is a big BUT: ** There are lots of other exchanges which are not included in this indicator, i.e. there are lots of other places that traders can open and close shorts outside of those two exchanges ** This indicator should be consider a sample of the market. A soft-indicator, not an exhaustive data resource. Walkthrough: This indicator has 3 main settings currently: Shs Outstanding Daily Short Volume Short Volume Ratio When I'm screening a stock in a potential short squeeze (Example GME, other great examples are KNDI, KODK, etc.) - what I'm looking for is: Has the dilution changed since the last major squeeze event? (most squeezers are repeat squeezers) What has the short volume been looking like lately? What is the ratio of short volume to long volume lately? Each of those settings on this indicator attempt to answer those questions and those questions only. For instance, when using the Daily Short Volume indicator - I'm able to see the early squeeze around the 20 mark on GME and try to analyze further if there's potential for a re-squeeze (new shorts who entered at 20 get squeezed by higher prices etc.) And when using the short volume ratio - I'm trying to predict how MUCH of the move can be attributed to short volume (opening or closing). In this case, it looks like no more than 25% was due to short volume on the NYSE / NASDAQ which is pretty significant compared to something like the KODK move in July 2020 which was pure long day trading on a small float with news catalyst. VS. Feel free to reach out with comments, ideas, questions, and more. Hope this helps you find your Gamestonk before it happens next time.
NYSE:GME
by from0_to_1
1
Potential Short Squeeze setup because everyone is bearishThere are a lot of small shorts opening to front run a potential next lower high but our support in this consolidation is parabolic and the 1h bearish divergence is being supported by the bulls to prevent the divergence confirmation of crossing below 60 on RSI 14. We also had that spring with massive volume , and this trend is old; not to mention basically everyone is looking for lower highs to short. All the ingredients are there. I give it a 55% chance we squeeze up to 40-42k or 50-52k. If we break our parabolic support, we can then use wykoff analysis to determine if we are in a reversal to back-test 33k support or if a bullish higher low will form.
INDEX:BTCUSDLong
by lysergik
How not to get REKT by the infamous BTC Whale BearsFirst point to note: No setup is foolproof. However, past experience and history provides a high probability when you play setups correctly and are strategic with your risk management. From what I've seen, the majority of traders (I'd guess in the range of 60-80%) will lose money trying to trade this environment regardless if playing Bear or Bull. I always recommend using scalp plays and cost averaging to mitigate the risk of a short squeeze in a scenario like this one. Okay with that being said, Here's how you play the setup: Remember, there are fractal rising wedges all throughout the major wedge. The major wedge will eventually reveal itself, and most likely stairstep all the way to the support above (previously the resistance before the recent dump). The trick is not to over commit on the fractal wedges or you'll get rekt by whale bear. Set your stop above the support or above the wedge, depending on your risk tolerance. Highly conservative traders should not enter a trade until they have seen the major wedge appear, or use a very disciplined scale in (i.e., commit more at the top of wedges, and be aware a bigger wedge may come so leave some cash to play with. If you want to play shorter term trades, focus mainly on cost averaging, and take profits as necessary. There will likely be an opportunity to re-enter a position if this is indeed a large rising wedge pattern. In the case it is not, then definitely take profits. (So basically cost average and take profits where necessary). I try not to overthink this. Sell half the position at extreme moves or the bottom of wedges and you'll likely get to re-enter that position and improve your cost basis. Be extremely patient and stick to your stop. The whale bears will push the price up as much as they can without breaking the major rising wedge. In the process they'll squeeze out baby bears and they'll trick bulls into giving them their money. When the whale bears are ready, they'll take the elevator down. It usually happens very fast so have some sell targets with limit orders already set. Meanwhile, if you're extra bear-ish, save some of the position in case we find new lows. I like to move my stops down when i'm in profits or i've achieved a nice cost basis. You can set that to break even, or whatever profit you're not willing to give up. Remember, short squeezes can happen at any time. You should not take on more risk than you are willing to lose. Always ensure you can stay in the game. Always adapt to changing circumstances and new information. Good luck! I hope this guide is useful. Any experienced Bears out there that play similar setups? What did I miss or what can I improve in this play? Look forward to comments. Thank you!
by Shadowfigure
3