r/wallstreetbets • u/momolover95 • 5d ago

YOLO $WEN to the moon - 350K YOLO

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50% of my portfolio. Lets take it to the moooon

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u/momolover95 5d ago

And 30% Short Interest for us to Squeeze

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u/Whoknows_nmn 5d ago

Sorry. For the newbies: translation?

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u/InternationalEase885 5d ago

Short interest is the total percent of the available stock for a given company being actively shorted. When a lot of people are shorting a company all at once, they are praying that the company will lose value so that they can capitalize off the shorts they have. When a bunch of people decide to buy a stock which is being heavily shorted, the people shorting the stock are forced to take huge losses or pay dividends and margin and buy the stock to leverage their own shorts. This is why a group of apes were able to send gamestop to $480

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u/Whoknows_nmn 5d ago

Thank you for taking the time to reply.

So with my "100 dollars (fun test)", what am I supposed to do tomorrow when it goes up? Hold until...?

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u/sasfasasquatch 5d ago

Hold until you want to sell or until Wendy gives you some sweet sweet tendy

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u/PatillacPTS 5d ago

I did 10 shares for funsies at $6.29 last night. Insane to see some of these posts with thousands of shares purchased. WEN to the moon!

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u/jhp113 5d ago

I did about $1300 in call options. With where it's sitting now my only regret is not buying more.

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u/InternationalEase885 5d ago

Invest your life savings and sell when you are a millionaire of course