amd has been gaining alot last few weeks but and at last one article said short squeeze was imminent and I was looking for short squeeze. Few days back it stayed at 15% and today, it is still at 15%. Could it be possible the day is delayed and it is already happening or largely happened or done happening? I was thinking to get a PUT option once short squeeze has materialized and is nearing end.
Let's say that one trader shorted AMD when it jumped to $19, and burped it out when it jumped to $22, where it was shorted by another trader who rode it painfully up when it popped above $26.50, and they bought from a third trader who sold short and bought back at $29, from yet a fourth trader who thought for sure[!!!] it would continue down past $27.50, and instead watched it today clear their $29 entry, and is now down 75¢. For which one of these four short-sellers do you declare a "squeeze"? Suggestion?? Work your own thesis of AMD, pull your own facts together, and work that. Maybe that includes the sold-short percent!! But don't be thinking that there is going to be a bright line all a'glow when some particular event happens/doesn't-happen. It's a rolling-along, going-forward event.
Why fight the trend? Look at TLRY if you want to see a recent example of people trying to “short the top”. If they want to squeeze the shorts, get on board for the easy money long instead of the pain trade.
no i am going long, not against the bull and to further gains, I was looking for squeeze. I also have both longs and shorts (straddle) in TLRY too that bagged it well. Thanks.,