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?
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?