Couldn't a big Hedge Fund Start a Short Squeeze on GME?
Anyone know if a big Hedge fund with Billions in cash can slowing start buying shares of GME and move the share prices up and start a short squeeze here. There aren't very many shares outstanding. Market cap is only at 3 Billion. I certainly think it's possible. I just don't know if Hedge Funds would take the calculated risks to do such things. GME, to me, appears like a good candidate to do so.
It wouldn't necessary have to be a hedge fund. I was just thinking of a money manager or entity who controlled enough money who would take the calculated risk to take on the short positions by buying big(buying as much as it takes) in order to trigger the short squeeze as a means to make lots of money. GME's market share is quite a lot at a little over 3 billion, but certainly within a range that someone/entity could surely do it.