It looks like 2021 may become the year of the short squeeze. It started out with
GameStop stock back in January, when the company had a rise and fall of epic proportions. Then it was
BlackBerry stock not once, but
twice first back in January and then again over the last few weeks. Other companies have been victims to the short squeeze. And what did they have in common? Reddit.
Yes, the social news aggregate seems to be paving the way for the next stock set to soar. It has many investors scouring the investment pages, looking to see which company will be recommended next. And it’s clear to see why.