Quote:
Originally Posted by hmmhmmcamo
- the short squeeze hasn't happened yet. I think we have several more days to go before this plays out.
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I think you are right on the low available float will cause the price to go up until people run out of money or will continue it. But I wouldn't be surprised if the institution-retail short ratio is nearing parity. The retail short won't be able to handle the careering cost as long as the institution.
I also would be shocked at this point if the institutional investors haven't hedged with call options. So a short squeeze may happen; however, if it does it's going to demolish the retail investors.