Question seems to be whether the squeeze already happened or not.
Allegedly the shorts are down to around 20% short interest now, which means they hahahahaha cleared 120% of the full short position during the sneeze hahahahahhaha, where it went from $7.47 to $500ish before trading was shut down for 67x.
It’s currently sitting around $24, so $1000/shr seems like a pretty safe 40x bet if it squeezes again. Realistically another squeeze would be much higher, but I’d doubt phone numbers myself. Who knows, though?
I think it will squeeze like Tesla once we are in S&P. Phone number MOASS is not going to happen imo.
Question seems to be whether the squeeze already happened or not.
Allegedly the shorts are down to around 20% short interest now, which means they hahahahaha cleared 120% of the full short position during the sneeze hahahahahhaha, where it went from $7.47 to $500ish before trading was shut down for 67x.
It’s currently sitting around $24, so $1000/shr seems like a pretty safe 40x bet if it squeezes again. Realistically another squeeze would be much higher, but I’d doubt phone numbers myself. Who knows, though?