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by tom_mellior
1954 days ago
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I find it hilarious that "short squeeze" is a concept that is supposedly well-defined and inevitable if certain market conditions are met, but at the same time so ill-defined that we cannot tell whether it has happened. For whatever it's worth, https://en.wikipedia.org/wiki/GameStop_short_squeeze says it definitely happened, but at the same time it offers zero sources for its claim that "the rush to buy shares to cover those positions as the price rose caused it to rise even further". |
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