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3232Silver Squeeze Goes Viral, Ounce of Ag Jumps Above $30, Wallstreetbets Fans Question Trend’s Legitimacy
https://www.digit.info/silver-squeeze-goes-viral-ounce-of-ag-jumps-above-30-wallstreetbets-fans-question-trends-legitimacy/
Mon, 01 Feb 2021 23:15:19 +0000https://www.digit.info/2021/02/01/silver-squeeze-goes-viral-ounce-of-ag-jumps-above-30-wallstreetbets-fans-question-trends-legitimacy/Read more]]>This past week, another social media trend started on the Reddit forum r/wallstreetbets, which aims to initiate a large silver short squeeze in order to push the price of the precious metal to $1,000 per ounce. However, the silver squeeze trend comes with controversy, as numerous wallstreetbets supporters believe hedge funds like Melvin Capital and […]
This past week, another social media trend started on the Reddit forum r/wallstreetbets, which aims to initiate a large silver short squeeze in order to push the price of the precious metal to $1,000 per ounce. However, the silver squeeze trend comes with controversy, as numerous wallstreetbets supporters believe hedge funds like Melvin Capital and […]