Overall bigger pattern in that heavily shorted stocks suck liquidity from short hedge funds (SHF) that are intentionally manipulating the market. It is much more than GME and AMC. Now it is also DJT, RUM, JWN, SPCE, NKLA, and MVIS with PSQH seeminly also a SHF target.
DJT and RUM are working together. GME appears to be buying up some JWN shares and could target AMC and/or PSQH shares as part of their retail ecosystem plan.
SPCE (space tourism), NKLA (hydrogen), and MVIS (low EM electronics) appear to all have tech Deep State wants suppressed. There are others, but these are the ones with ~20% or more of float shorted (per Marketwatch). Actual short likely much higher. Yahoo Finance data appears to be useless garbage now, imo.
DISCLOSURE: Not investing advice. I own shares or warrants in all above mentioned companies.
Overall bigger pattern in that heavily shorted stocks suck liquidity from short hedge funds (SHF) that are intentionally manipulating the market. It is much more than GME and AMC. Now it is also DJT, RUM, JWN, SPCE, NKLA, and MVIS with PSQH seeminly also a SHF target.
DJT and RUM are working together. GME appears to be buying up some JWN shares and could target AMC and/or PSQH shares as part of their retail ecosystem plan.
SPCE (space tourism), NKLA (hydrogen), and MVIS (low EM electronics) appear to all have tech Deep State wants suppressed. There are others, but these are the ones with ~20% or more of float shorted (per Marketwatch). Actual short likely much higher. Yahoo Finance data appears to be useless garbage now, imo.
DISCLOSURE: Not investing advice. I own shares or warrants in all above mentioned companies.