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Originally Posted by Cappy
Thanks for the post, Slava. Is it possible to have a gamma and short wheeze? I understand that GME was one of the most shorted stocks on the market.
Also, in my ignorance of technical market analysis, what is the likely end result of a gamma squeeze? Probably many different cases but what you likely see.
Also you don’t need to consider your answer investing advice lol. I’m more just curious. I bought my 1 put and I’m not touching this cluster#### again
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It can definitely be both and this could well be. The truth is delineating between which portion is a result of shorts scrambling to cover and which is due to the gamma squeeze is hard to know.
As far as what happens now, I have no idea. If call buying drops, you could see shares drop quickly as well, but if people keep piling in, it could roll on for longer. I can't really predict that, and this kind of thing isn't my bag. I'm fairly fundamental, so a company like Gamestop doesn't mesh with that. It doesn't mean you can't make money there and there are plenty of different ways to do things. There's no right or wrong way!