ST Alpha - "DryShips was another past short squeeze stock." (Reading a Post)

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In response to "What is a short squeeze and a dry ship?" by Pippy

DryShips was another past short squeeze stock.

Posted by Reagen Jan 22 '21, 10:09

Short squeeze is when there's enough of a rise in a heavily shorted stock that gets short-sellers near their margin. In order to cover that, they have to buy the stock, which just pushes it higher and makes the ones still holding it short even more in the red. lather rinse repeat.

Responses:

oh my! -- nm - Pippy Jan 22, 10:13 1
- In the end, everyone loses their shirts because the stock price can't hold at the new level. Yay, capitalism! -- nm - Reagen Jan 22, 10:18

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DryShips was another past short squeeze stock.

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