Comment by m-flo on 27/01/2021 at 12:22 UTC

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View submission: /r/wallstreetbets is making international news for counter-investing Wall Street firms that want to see GameStop's stock collapse. The palpable excitement is off the charts.

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Nope.

AMC will have a little run but nowhere near GME. If only because the short interest was never as high.

But also there are no real foreseeable catalysts to drive the price up to squeeze the shorts. With GME we had Ryan Cohen and the console cycle juicing sales. Ultimately, even with high short interest, you need something that gets investors pumped about the stock to start buying and driving the price up enough to put the fear of god into the shorts to get the fuck out, which will raise the price more. Feedback loop without a trigger is no feedback loop.

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There's nothing here!