We are undeniably in the kinetic phase, where the plan is executing, not just being set up... Think of how many you know who are still asleep. This can't drag on—but, to wake people up, it WILL increase in intensity. Hold the line! Things are going to get even more bumpy!
(media.greatawakening.win)
WWG1WGA
Like others have said, GME will be the only true hedge (stock-wise, anyways) against the rest of the market. You should look into it and make an informed decision based on what you see; plebbit subs like r/ddintogme have good info about the situation.
I have a couple of shares, more heavy into AMC, how long can a short squeeze go before it becomes going long?
Not too sure, but it's likely the squeeze will go on for a long time. I suppose the squeezes going on for weeks or months would be considered ones going long. Theoretically, the upcoming squeezes could go on indefinitely since we own the float (I think for AMC as well?) and there are many retailers who will never sell.
I feel that crypto drop was hedges selling off to cover shorts/margin calls.
For AMC I believe we own most of the float as well but shorts should have expired unless they're paying off to extend them, idk the terminology for that, but rather than buy back shares I believe they can pay to extend the shorts.
That's true; they haven't really closed short positions, they just covered them with illegal nonsense. The upcoming crash will probably be what kicks things off. No crypto selloffs can save them then, which I also agree is a probable source of liquidity that they've been using.