What Exactly Is a Short Squeeze?
GameStop (GME) lately, you've no doubt heard the words "short squeeze." And if you haven't been following GameStop, you should, purely for the entertainment value. They might very well make a movie about the trading action in that stock over the past few weeks. As I'm writing this, GameStop – a struggling retail chain selling video games and accessories – is up roughly 2,300% in 2021 alone. That's decades' worth of strong returns in less than a month. Not bad work if you can get it! If a short squeeze can cause a move like that, it's worth reviewing what exactly a short squeeze is. And to...
Source: kiplinger.com