RE: PMO heavily shorted28 Jan 2021 15:27
Certainly could be the start of a global phenomenon.
I wonder how many professional traders are lining up their shorts ready for the inevitable cliff-edge drop awaiting these uber-ramped companies.
Kinda ironic, really!
GME opened 35% down, but has bounced - this is the hot potato, clearly.
AMC now 40% down from yesterday.
NOK down over 40% since its peak yesterday.
Not looking great for them is it?!
Mr Sharky is waiting at the bottom of the pond!!