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Re:Reddit's GameStop, AMC surge is the new Occupy movement by ceejayoz on Thursday January 28, 2021 @11:06AM (#25944010)
Yes, but there's a fairly hefty risk of it rocketing up again before collapsing, which could wipe out such short positions. (Again!)

Not a move I'd make with my retirement funds.

Re:Reddit's GameStop, AMC surge is the new Occupy movement by FabHK on Thursday January 28, 2021 @11:22AM (#25944296)
Not a move you should make highly leveraged. Perfectly legitimate move to make if you have a sufficient capital cushion. (yes, I now, shorts carry unlimited risk in theory, but in practice the risk is limited. Regulators will (correctly) step in when the market cap of some retailer during the pandemic eclipses the market cap of, dunno, Apple and Tesla or whatever.)