Can someone explain what has to happen for the short sellers to be forced to buy all available shares which in turn makes the price of the stock “Skyrocket” or “Go to the moon”? It is still confusing to me when it might occur.
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You may be right but I do not invest and hold, I trade for short term gains, in and out like the wind.
I cannot fathom holding a position for months on end on sheer faith. I can roll that same money over a hundred times sniping profits, while the faithful wait for Moses to part the Red Sea for a third time.
IMO long term investments, in this climate, are far more risky than sniping small gains a hundred times and getting your money back out.
Edit: I would not buy anything Kramer recommends either. But that's just me.
Would you recommend a newb to buy and hold as a sound investment?
A lot of the original gme guys are loading up on bbby. Massive short interest and the cost to borrow is thru the roof.
Go to r/bbby and read the DD