https://youtu.be/4EUbJcGoYQ4
Tldr: short sellers got too greedy and shorted more than 100% of the company stocks, internet nerds realised and bought some stocks knowing the short sellers will need to buy those stocks off them to close their position.
Ok, yeah, I get it now.
This is so cool. :D
@hippy started
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https://youtu.be/4EUbJcGoYQ4
Tldr: short sellers got too greedy and shorted more than 100% of the company stocks, internet nerds realised and bought some stocks knowing the short sellers will need to buy those stocks off them to close their position.