Hey Gamestop Bulls, Wait And Buy Gme Stock On The Subsequent Dip
“It was a enormous, enormous brief position,” says Corey Hoffstein, chief investment officer of quantitative investment and investigation firm Newfound Study. A significant quantity of cash was caught in what’s recognized as a “short squeeze,” which happens when investors who have bet against a increasing stock have to acquire it to cover their losses. When the price goes up, so does the loss threat for quick sellers. They may possibly then buy shares to cushion that danger due to the…