Was reading this on AFR and find it quite interesting (just snippets of the article here)
I was thinking about that EOS auction close up today... 5.84% short interest.

Social media ignites trader rage on the US stock market

It’s a trend that has rightly set alarm bells ringing and which presents short sellers with a new threat.

The strategy is simple enough. Pick a cheap, unloved stock - preferably one that has been heavily shorted by hedge funds - with a low market capitalisation and whose share price can be measured in pennies. Then pile in, using social media as a bullhorn to steer concentrated buying by a herd of other like-minded small investors to drive the price higher, ideally triggering a short squeeze.

Lolz. Poke fun at the shorts while picking up a Disallowed. Short sellers in GameStop, which plans to shut 450 stores this year, are down $US5 billion on a mark-to-market basis in 2021.

Several hedge funds were left squealing this week, to the delight of the Reddit day traders riding the trend who depict themselves as David in a battle against Wall Street’s Goliath.