π₯ THE BIGGEST SHORT SQUEEZE ON RECORD! $25,000 PER SHARE! π₯ - AMC Stock Short Squeeze Update
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Links;
https://www.reddit.com/r/Superstonk/comments/mv1n9x/this_is_an_exemple_of_a_short_squeeze_dgazf/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
https://www.sec.gov/fast-answers/answerstradinghalthtm.html
What happened during one of, if not the biggest short squeezes ever on record? The shares went from $125 per share all the way to $24,000 per share!
This ETF had high short interest (40%+) and a large portion of the float was owned by very few institutions. There was also very low trading volume which enacted the massive short squeeze.
This ETF wasn't likely to have a significant number of synthetic shares, so the AMC short squeeze is likely to be even bigger!
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