/biz/ - Business & Finance

>>22677114
yes. I just hope GME fucking squeezes soon since this is clearly not an opportunity limited to GME
some hedge funds' algos are fucking up, it is overcrowding short trades thinking that a bunch of companies are going bankrupt like some sort of positive feedback look (high short interest? short it, it must be going bankrupt), something like that.

DDS is definitely on my watchlist now. Balance sheet is not as good as GME right now, and frankly retail in general (with the exception of GME since it's cyclical console shit) are fucked with covid, but I don't think these algos have taken in account that government bux were going to keep them alive until covid is over when they're profitable again.