We have pulled no punches with our thoughts on the central-bank induced manias and bubbles we are seeing right now…IN REAL TIME. We have pulled no punches in telling you that most all if not all of these short-squeezed stocks would go back to where they came from. We said this in spite of the many actually believing they will just go up and up and up.
We will let the other side tell you how much there is to make in these bubbles, in these manias, in these short squeezes. We wanted to let you know how much there is to lose and in just days. Our question: Who in fact screwed the little guy? Who in fact squeezed all these stocks to ridiculous prices causing all kinds of noise and causing many to buy at any price? Things to ponder because we believe the “Reditters” and those that are trying to convince others to hold forever are very much culpable. As we told you, we expected all in time to go back where they came from but it may be happening quicker than even we thought. Maybe they can pounce and bounce these back up but as of now:
Last week’s high and today’s close: