The thesis for the buying hinges on two ideas:Punishing overly greedy short sellers and getting exposure to the reopening of the economy.Īnd while there’s a case that retailers like GameStop and Bed Bath & Beyond can sustain positive momentum as we return to pre-pandemic life, indoor entertainment venues like movie theaters face very different challenges. Retail investors are once again pouring into these companies’ stocks and options with reckless abandon. (nasdaq: BBBY) have jumped back in the spotlight as degenerate traders (and I mean that in a good way) shifted their focus from crypto and back to the latest round of meme stock short squeezes. (NYSE: GME), AMC Entertainment Holdings Inc. No matter your opinion of the trend, they’re still here. Just when you thought the market was done with meme stock rallies and short squeezes, they’ve turned up again like a bad penny…
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