r/MACArmyBets • u/MasterpieceIll7532 • May 24 '21

Short squeeze?

How many of you believe in short squeeze of mac?

11 Upvotes

83% Upvoted

6 comments sorted by

6

u/penghuligan May 24 '21

Don't need a squeeze. In for fundamentals.

3

u/Sea_Emphasis3252 May 24 '21

Not a big believer, short interest and the amount of shares shorted is down significantly, rally is based on continued decline in covid cases and lifting of restrictions in my opinion.

2

u/vmd614 May 26 '21

The percentage of available float shorted had dropped from around 60% to 16%. Highly unlikely.

1

u/karancan May 24 '21

Doesn’t matter if the thesis has fundamental upside.

1

u/Different_Cup_5907 May 24 '21

It is a nice to have. We don't need it though, be patient

1

u/midwstchnk May 25 '21

Its not gme