
Despite the potential of EVgo, Inc. (EVGO), Amyris, Inc. (AMRS), and COMPASS Pathways plc (CMPS) springing a surprise during the earnings season, their less-than-ideal fundamentals deem it wise to avoid placing any long-term bets on these heavily shorted stocks.
In 2021, easy money, unprecedented hype created by retail investors on social media forums, the excitement of trading, and a desire to short-squeeze came together to send some stocks into a frenzy.