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It did cause some price spiking, but the FOMO caused a much bigger spike and eclipsed the effects of the squeeze. Why do you think they "kicked the can down the
by gregoryjjb 5y ago
It did cause some price spiking, but the FOMO caused a much bigger spike and eclipsed the effects of the squeeze. Why do you think they "kicked the can down the road"? Short interest is still around 1%, down from over 100% in January. The hedge funds in question realized huge losses in Q1.