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Goldman Warns If The Short Squeeze Continues, The Entire Market Could Crash

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by Tyler Durden
Sunday, Jan 31, 2021 - 05:45 PM

Last Friday (Jan 22) we advised readers who thought they had missed the move in Gamestop (they hadn't), to position appropriately in the most shorted Russell 3000 names which included such tickers as FIZZ, DDS, BBBY, AMCX, GOGO and a handful of other names, as it was likely that the short-squeeze was only just starting.

We were right and all of the stocks listed above - and others - exploded higher the coming Monday, and all other days of the week, with results - encapsulated by the WallStreetTips vs Wall Street feud - that have become the only topic of conversation across America (remember the Trump impeachment?), while on WSB the only topic has been the phenomenal gains generated by going long said most shorted stocks. To wit, the basket of top shorts we compiled on Jan 22 has tripled in the past week.