Bought my two little shares two weeks ago just to be part of the fun.
Congratulations! Every bit helps stick it to the man. :-)
Bought in at $335 and watched it drop to $40. Bought all the way down and continued buying as it went to $120. The due diligence shows that the hedgies have to buy back every share at least twice over. Not only were shares shorted, but market makers wrote naked options contracts that are now in the money. Contracts expire on Fridays and there are so many options coming due that aren’t covered that a gamma squeeze will be triggered which could/should/would be the catalyst for a short squeeze. The retail investor, knowing that the shorts MUST cover can name his exit price....
Bottom line: the retail investor, if he’s patient, can theoretically walk away with $100,000 plus per share. But what do I know? This is not financial advice. I just like the stonk....