Dewey Fernfield
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
Retail investors are buying GME and AMC stock as a swing trade. These companies are heavily shorted by hedge funds. Retail investors are gambling that as the share price rises and stays up, eventually the hedge funds will be forced to buy back their shares, at which point the price will squeeze.