If you seen #silversqueeze trending, it's because r/WallStreetBets is back with "the biggest short squeeze ever".
This time they're targeting silver (via the Silver ETF, $SLV)
Here's the Reddit thesis of how it goes $25 to $1000:
This time they're targeting silver (via the Silver ETF, $SLV)
Here's the Reddit thesis of how it goes $25 to $1000:
Original source:
reddit.com/r/wallstreetbe…
reddit.com/r/wallstreetbe…
As a CFA, this is not investment advice
Looks like there’s a wrinkle in the silver ( $SLV) thesis.
Could be hedge fund counterops to get WSB off of $GME (and apparently HFs own a ton of SLV).
WSB saying $PSLV as alternative (which requires physical delivery).
Could be hedge fund counterops to get WSB off of $GME (and apparently HFs own a ton of SLV).
WSB saying $PSLV as alternative (which requires physical delivery).
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