After "most shorted" stocks had their best (i.e. worst or biggest loss) week in 2 years last week, it was perhaps not entirely surprising that 'they' would smash VIX and JPY to manufacture a short squeeze bloodbath this morning at the open...
Last week saw "most shorted" stocks drop almost 6% - the biggest loss in 2 years...
[2]
So hardly a huge surprise that today would start with a short squeeze bloodbath...
[3]
Of course, we've seen this kind of short-term stop-running squeeze before...
[4]