/biz/ - Business & Finance

Newfag in /biz/. Usually, I browse /x/ or /b/ or whatever peaks my interest that day.
>Began putting some side cash into a TSFA portfolio account via wealth simple a few weeks ago.
>have little to no experience in the stock market however I feel I have an okay understanding of it.
>I have invested in hive, drone delivery, and mind medicine (a company experimenting with using lsd and other psychoactive for anxiety and depression) with fair returns close to doubling what I've put in at the start.

I'm not looking for "BRO GME IS SKYROCKETING"and that bullshit. Not looking for get rich quick either, simply put I'd like to live comfortably in my older age.

>What sort of advice or help might you give to someone just starting out?

I just got done reading
https://isthesqueezesquoze.com/
Short interest is expressed as a percentage of a stock's "float", or shares readily available for trade.

Would a "short ladder" among the afflicted funds, them ping-ponging the shares back and forth to each other at progressively lower price points, inflate the value of the float, making the denominator of SI/float larger and thus the percentage SI figure smaller?
Could this explain the drastic drop in GME short interest today from 140% to 50%, despite the price still being nowhere near historical average?

GAMESTOP STOCK = FREE MONEY YAAAY