RE:Short squeeze Question You just asked the question I've been wondering too. Two answers:
a) While there are more shares than before, this time there are far more catalysts, including not just US and EU legalization but also the forseeable end to the Pandemic and reopening, which will increase our bottom line. This makes us more attractive to not just retail buyers, but institutional too.
b) MOST IMPORTANT: do not underestimate the power of the WSB reddit kids and the Robinhood gang....AMC has more than 500 million outstanding shares yet they managed to murder the shorts with more than 1000% gains (may be vast underestimate). We have fewer outstanding shares with 457 million. Should be fun times for a bit. Question is, how long can they sustain the short pain lol
StockDoc60 wrote: Are there just too many outstanding shares to have a short squeeze back into the 60 dollar range like in February ????