/biz/ - Business & Finance

so is 2021 coin a good year to buy?

AMC will not moon, BB will not moon, BBBY will not moon, etc.

Why? Because what is happening to Gamestop right now requires short interest ABOVE 100%.

https://www.highshortinterest.com/

AMC has a short interest around 68%... guess what? That doesn't fucking matter. What triggers a "short squeeze" is when there is over 100% short interest, this means that there are more shorts in existence than shares to cover them, meaning when the squeeze is trigger it becomes a RACE to get out which can send the stock price parabolic.

The last time this happened, it made VW's marketcap the highest in the world.

We may see GME hit $2000-5000, some even say it could hit $20,000.

Don't get distracted by AMC and gay shit like blackberry, they literally don't have the physics in play to squeeze like GME.

GME still has 138% short interest. Even with all their fucking scare tactics like disabling RH buying right before market open, and openly having CNBC LIE for Melvin, they can't get the price low enough to cover.

At around 180, Melvin will go bankrupt even with the cash injection. We're already at 320 again, having hit almost 500 yesterday.

DO NOT MISS YOUR CHANCE