See my video from last week, linked below; Short Squeezes: Finding more like GME I am truly amazed at what the folks over there are doing to NYSE:GME , NYSE:AMC , and NASDAQ:BBBY . Is it market manipulation? Yes. Is it illegal? No. It is definitely a force that all traders right now MUST acknowledge. This meme culture of investing is what is in play...
Last week I put out a video idea on how to do research for what could become a trading meme: Short Squeezes. Today that has happened! Nearly every stock found on the scanner for high float short pumped double digit percents. Do not ignore this trend in the market going on right now!
In the news this week is the short squeeze going on in NYSE:GME . Lots of institutional investors are taking BIG LOSSES as the stock gets run up by 'social media groups' pumping the stock. This is not a new phenomenon in the market so how can we as traders identify the next short squeeze opportunity? We look at ways to scan for potential short squeeze...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil