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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.
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