$SAVA and $GME Correlation and what it means

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 They seem to have a strong correlation today and during other down days. First image is from today and second image is a Dr. Michael Burry tweet.

SAVA and GME Correlation

SAVA and GME Correlation


The theory is that big hedge funds holding mostly big tech mega caps like AAPL, GOOG, FB, MSFT, AMZN are shorting speculative stocks as hedges. We are spending all our time discussing the science of simufilam and the merits of the citizen's petition but there are other big factors driving the price action. This implies that we can use the opportunity to create short squeezes. We hold the bags now but this stock is going to the moon.

SAVA short

The short stock availability went from over 850k shares to now 0 shares very quickly today. This is a potential short squeeze setup. I don't know how long it would take or how high the stock needs to be pushed, but the potential is certainly there on a day of good news.

9/8/2021 Update: No short squeeze yet but it is looking more likely as the short interest continues to increase.

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