RE:RE:short squeoze?Hi bart,
The post has all the info needed. There are 2.7M shares short as of June, and 180K average volume. So if shorters were to cover (lets say, good news comes out), then it would take them 15.5 days at this volume to cover.
In a scenario like that, there would already be increased buying pressure due to natural interest in the stock. Add on the shorts covering and the demand for the stock would be multiple X's its natural "demand". So we would probably see a big pop and then a substantial retracement as the stock settles at its proper value.