01-22-2021, 05:39 PM
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#144
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Nope
Join Date: Nov 2010
Location: London, ON
Age: 29
Posts: 3,772
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Re: Stock Market Chit Chat
Quote:
Originally Posted by mi40
cool to see a VW style squeeze happen, it's actually not just GME, if you notice around 12pm a bunch of heavily shorted stocks went up at the same time - it was most likely a short fund (or a few of them) getting liquidated and being forced to close their positions at the same time
some examples include GME, BBBY, PLTR, AMC to name a few - their charts and volume profile look almost identical today
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I did notice that with AMC, but didn't see the it happened with the others too.
I know these things are very rare, but I don't see myself every taking the risk and taking a short position on anything haha
Last edited by Poison-; 01-22-2021 at 05:40 PM..
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