A REVERSE SPLIT CAUSED THE BIGGEST SHORT SQUEEZE ON RECORD! - AMC Stock Short Squeeze Update
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Links;
https://twitter.com/TradingSecrets7/status/1608198740053221376
https://twitter.com/TradingSecrets7/status/1608209194863464449
https://www.prnewswire.com/news-releases/credit-suisse-ag-announces-the-reverse-split-of-its-dgaz-etns-300752252.html
https://twitter.com/741trey/status/1608821098317230080
The biggest squeeze in history came as a result of a reverse stock split!
DGAZF squeezed from $125 per share up to $25,000, part of what drove the squeeze was the fact that DGAZF performed two reverse splits, in 2018 and 2020, and had a very small float, that made the shorts panic when they rushed to the exit to close their short positions.
DGAZF squoze this high without any reported synthetic shares, but it did have a short interest of 46%, imagine what AMC can do with the billions of synthetics!
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