Quote (Nowai @ Jan 28 2021 01:57pm)
Yeah I don't follow that's why I'm asking. What is significant about 115? And why is this squeeze happening recently instead of say 3 weeks ago? These short positions have been on for a long time.
In your use case what is your end game? Hedges are forced to buy back at high prices so you just hold until when? Next week?
Hop over to wall street bets. On reddit. If you can sort through all the rockets you will find some good info. Some of these shorts expire tomorrow. Also look up cost to cover.
My end game is 2k per share. If I lose it all oh well.