As one veteran trader noted "it's a bloodbath" and another mocked "in all my 6 days of trading, I have never seen anything like this..." https://www.zerohedge.com/markets/most-shorted-stocks-are-crashing
I understand cuban sides with this populism movement in finance, and he seems like a decent enough guy, but imo he's abusing his clout here. encouraging mom and pop investors to 'hold' or even buy more at these levels or higher is insanity. he should be encouraging investor education and personal accountability, not speculative frenzy and blame shifting. oh well.