With more than three decades at The Prudent Speculator under my belt, I have long understood that bizarre events take place in the equity markets. Believe it or not, the year-to-date gain on GME is now more than 300%. Certainly, markets can stay irrational often longer than shorts can stay solvent and we are not making a call on the rationality of the GME rocket-ship ride. Discount retail chain Big Lots (BIG) had 23.3% of its float held short as of December 31. For a list of all recommendations made in The Prudent Speculator, visit theprudentspeculator.com.

Source: Forbes January 26, 2021 02:15 UTC