THOMAS LOHNES/Getty
GameStop and other heavily shorted stocks have made enormous gains recently.
Two elements fueling GameStop's rise were huge short bets against the stock and a turnaround case for its business.
Wells Fargo's Christopher Harvey published a list of buy-rated stocks that Wall Street is shorting.
If you've been away from the stock market a week or so, here's what you missed: There are no stocks anymore. They're called "stonks" now, and they always go up.
All right, you missed more than that. But that's one takeaway from the megarallies in heavily shorted stocks like GameStop, Bed Bath & Beyond, and AMC Entertainment. There are also lessons about understanding risk, social media, market dynamics, the technical aspects of stocks, and the rules of the road for giant, average, and small-money investors.