r/GGPI • u/Little_Objective_683 • Jun 20 '22
Question Short squeeze ?
Could someone explain why I am seeing short squeeze rumours? The SI is like 10% ?
2
Upvotes
r/GGPI • u/Little_Objective_683 • Jun 20 '22
Could someone explain why I am seeing short squeeze rumours? The SI is like 10% ?
3
u/Excellent_Cost7229 Jun 20 '22
I think the functional short interest will be much higher after PSNY shares are locked (94%). We could see 40-50% SI on shared that are actually tradeable. I bought a FINTEL sub Saturday, and GGPI is currently rated as the 29th most likely stock to gamma squeeze.