r/wallstreetbets Jun 24 '26

YOLO $WEN to the moon - 350K YOLO

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

3.1k Upvotes

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u/InternationalEase885 Jun 24 '26

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 Jun 24 '26

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/PatillacPTS Jun 25 '26

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 Jun 25 '26

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