Looks like the short squeeze is in full swing on GameStop and AMC in wild early hours trading this morning. Options settlement day. EMC is up 95%, +185 to 378. AMC is up 58%, +5.07 to 13.75.
No info on GameStop trading. Stopped at 9:32 two minutes after opening. AMC stopped 5 minutes after opening bell.
They caught. 10's of thousands of new buyers are holding their stocks, they ain't selling them. How in the hell can the Hedge Funds cover their shorts? They cant.