“Earlier this year, surges in GameStop (GME), Blackberry (BB), and AMC Entertainment Holdings (AMC) were prompted by retail traders rallying on Reddit to coordinate purchasing of stocks with significant short interest, in turn, inducing short squeezes, states Garrett DeSimone of OptionMetrics.”
Read the full MoneyShow article, “GME, Meme Stocks, & the Next Big Short Squeeze,” below to learn more.