The acronym ‘MOASS’ stands for ‘Mother Of All Short Squeezes.’ A short squeeze involves trapping short sellers in rising price action in a stock. As the short-sellers sell their position to cover their losses, they force the price higher, causing more short sellers to liquidate their positions in a feedback loop that sends the stock price soaring.
The best example of the MOASS was the GameStop ($GME) and AMC ($AMC) short squeeze of 2021. During this short squeeze, mom-and-pop retail investors took up arms against the hedge funds, creating a short squeeze against hedge funds with short positions against $GMC and $AMC stock.
Thanks. I know I could have looked up the answer for myself. In reality, there is no reason today to ever ask anyone a question ever again. I don't like this, as I feel like to takes away from our interaction with other people. Thus I asked the question, which you kindly answered.
Please remind me what MOASS means.
I believe its Mother of all short squeezes.
It's when the GME saga comes to the grand finale.
When the shorts who have been printing shitloads of synthetic (aka fakes) need to finally pay the piper.
The short hedge funds like Kenneth Griffin's Citadel, gets what's coming to them for fucking over America for years and years.
Meaning
https://english-grammar-lessons.com/moass-meaning/
Thanks. I know I could have looked up the answer for myself. In reality, there is no reason today to ever ask anyone a question ever again. I don't like this, as I feel like to takes away from our interaction with other people. Thus I asked the question, which you kindly answered.
Appreciate it.