GameStop's stock worth went up over 1000%, making Melvin Capital lose their short spots in the business.

In stock trading, a "short" is when someone borrows shares in a business and then sells them right away with hopes of buying them back at a lower worth. Once they buy back lower, they can give the stocks back to the lender and keep the yield leftover for themselves.

Melvin Capital did not win at shorting GameStop, for online trading groups triggered an upward buying madness known as a "squeeze". A squeeze is when the stock worth goes back up before the short sellers could buy in at a lower worth. This makes the short sellers have to buy back in at a higher worth to cut their losses.

Once all of the shorters have bought back in, the squeeze is said to have been "squoze".

Online groups are fanding to keep up the squeeze until Monday, hoping that all shorters will be squoze. Though that might not be long enough, as Melvin Capital has lately gotten $2.5B more in funding to shield them against losses.