FASCINATING DEBATE on GME Shit Storm happening on CNBC right now...
(www.livenewsnow.com)
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BBBY too..
Basically.. shorts went way overboard and there's too much cash available to blow them up. They will all probably come crashing down - but only after the shorts get out of their positions by buying the stock which drives it up.
When you start seeing stocks with more than 25% of the shares available sold short, there's a big opportunity there. GME had something like 140% of shares sold short..