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by ivalm 1952 days ago
Evidently you don’t understand difference in the size of this run up?

VW, the mother of short squeezes driven on unexpected Porsche purchase went from $200 to $1000, eg 5x

$ACB had no short squeeze, they had some run ups, with biggest in 2018 of $66 to $194

$TLRY peaked at $300 with historic low of $21 and it took months.

$GME went from $4.2 to $482 in about 5 months, none of the previous tickets you mentioned moved literally >100x. Even in 2021 GME went from $17, so over 25x in one month, this has no precedent. It leaves VW and TLRY entirely in the dust, they are not even close.

1 comments

Yes, the relative action was lower on other stock - we know this was a unusually large event - but it's absolutely false that "nothing like this" has ever happened. If you compare the post-squeeze prices, there's only few dozen of percentage points of difference in that same timeframe. The specific price before the squeeze doesn't really matter.
GME squeeze is significantly larger in percentage points, that’s exactly my point. Nothing of this size went 100x previously. The short volume was large back when GME was $4. GME moved in 2 days as much as entire VW squeeze. It is entirely reasonable that a bubble of this sizes crashes just as spectacularly and dtcc didn’t want to hold the bag after all the bankrupt retail late comers. In fact that in reality it has been defaulting as slowly and non-destructively is kind of a miracle, in many ways thanks to dtcc quick action.