THE ROARING KITTY
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An insurance company that became the crowd's answer to a short seller.
Clover went public through a SPAC and was then hit with a critical short seller report, which put it directly in the crosshairs.
Retail traders piled in specifically because it had been targeted, treating the short report itself as the reason to buy.
Short interest was high relative to the float, and the resulting squeeze in mid 2021 was one of the sharpest of the second wave.
By this point the crowd was not just finding shorted stocks, it was actively hunting the funds publishing against them.
The moment the movement stopped being reactive and started picking its own fights.