Whats next for BBBY and how investors might force a short squeeze in the future. via /r/wallstreetbets #stocks #wallstreetbets #investing


Whats next for BBBY and how investors might force a short squeeze in the future.

This is copied from the BBBY sub:

We aren’t seeing a short squeeze right now, it’s more likely that it’s netting (CNS) or premature settlement of FTDs before OPEX.

Short squeeze needs dropping SI and shorts that feel forced to close. Which isn’t the case since 99% of the shorts are most likely in the green.

In the past 15 years, BBBY has had a higher price than we currently do – except for 2 months. So shorts are 99% in the green and aren’t forced to close.

So if people just pile in on calls and don’t exercise or buy and hold shares, we will not force them to close and it won’t lead to a squeeze. GME squeezed for almost 1 year before we reached the January 2021 highs. We need this kind of continuity in buying, otherwise short sellers will not bother to close.

I’ve played GME since November 2020. we need continuity to achieve a real squeeze that can surpass the ATH.

For that, we need more people being interested. Hold, buy, keep the pressure up and shop at BBBY – this is a play against bankruptcy. If we evade bankruptcy, BBBY will rise in value and you will make money.

Submitted August 06, 2022 at 12:44PM by lordilord123
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