Let's burn some shortsWSB short squeeze explained (not by me) Now this is what we all have to do first in the morning for VXL. Let's burn some shorts... "An explanation of the importance of setting sell limit orders at $100 and above: Every time a person shorts a stock like AMC, they borrow X-amount of shares from a broker (Robinhood, Fidelity etc.) and pay interest on the value of the borrowed shares. If a person borrows 10,000 shares that are currently trading for $100 per share, the interest if calculated on a value of $1,000,000. This interest is paid by the short trader so long as his /her position is open. In other words, so long as he / she is in possession of the lended shares. To lend the shares to the short trader, the broker borrows shares from his/her clients. That is you and me, and shares that weve actually purchased with our own money. For example, if you currently own 1000 shares of AMC and do not have a sell limit order in place, your shares are available to be lended to short traders. And most likely, they have already been lended out given the current trading climate. If this coming Monday you place a sell limit order on your 1000 shares at $100 per share, the broker would need to immediately return or replace your shares to make them available be sold by you. Typically, this would be accomplished by the broker borrowing shares from another client like me, for example. But if I already have a sell limit in place, my shares cannot be borrowed to replace your shares. In fact, if enough of the brokers clients have their AMC stock tied up in sell limit orders at $100, the broker would then need to see if he/she can borrow the shares to replace your shares that have been lent from other brokerages. If all of this is remindful of a legalized Ponzi scheme, that is because it is...a legalized Ponzi scheme. If the other brokerages also have a supply deficit because of sell limit orders on AMC stock, the broker would have no other choice but to call back the shares from the short trader to replenish your position. This is where the squeeze happens because at this point, the short trader needs to close out his / her position at market price or the broker will close it out for him / her. As the share value of AMC climbs, the urgency with which brokerages will call back shares from short traders will increase exponentially. This is why every one of us needs to set sell limit orders on our AMC positions at $100 per share and up. If we all continue to buy and hold and set sell limit orders, we will starve the brokerages of shares to lend out to short traders, and we will force the call back of all shares currently shorted. Buy. Hold. Set sell limit order at $100. ****Make sure you specify GTC (good till cancelled.). This way you wont need to remember to place a sell limit order every day." Quoted from elsewhere 0 less than a minute ago @VXLISABUY