SHORTS ARE DESPERATE TO AVOID THE SQUEEZE! - AMC Stock Short Squeeze Update
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Links;
https://www.icmagroup.org/market-practice-and-regulatory-policy/repo-and-collateral-markets/icma-ercc-publications/frequently-asked-questions-on-repo/3-what-is-the-role-of-repo-in-the-financial-markets/
https://www.cnbc.com/2022/06/01/jamie-dimon-says-brace-yourself-for-an-economic-hurricane-caused-by-the-fed-and-ukraine-war.html
https://twitter.com/DylanLeClair_/status/1536444713145974790
The shorts are SO desperate to avoid the squeeze.
The shorts have been doing anything they can to generate additional cash liquidity to meet their margin requirements. From selling off the crypto they have purchased over the last 2 years (crashing the crypto market), to selling off their blue chip stocks (crashing the stock market) and maximising their usage of reverse repo's.
These shorts are fulfilling the self fulfilling prophecy of crashing the market by selling stocks, these hedgies are selling stocks and crypto to reallocate their portfolio and cover losses in other areas such as their massively overleveraged short positions.
However, the market crash will continue and the squeeze will still happen as the shorts have no way of winning as they cannot successfully cellar box AMC and get it relegated.
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