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Registered
Join Date: Jan 2002
Location: Nor California & Pac NW
Posts: 24,863
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I looked at several silver mining stocks, one was significantly shorted (SI 21% SHO), the others were not. They are all popping but I don't know how much scope there is for a short squeeze, versus a long mania.
I think the more interesting question is physical vs financial silver. Far more silver is traded on paper in the futures market than is immediately available for physical delivery. I think the idea is to squeeze that disparity. I have no idea yet if the r/wsb mob has enough capital or focus to do that. GME was a teeny stock ($2BN mkt cap?), silver market is many hundreds times larger.
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1989 3.2 Carrera coupe; 1988 Westy Vanagon, Zetec; 1986 E28 M30; 1994 W124; 2004 S211
What? Uh . . . “he” and “him”?
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