10 ms·
In fact some would say the stock is trading at these levels due to a prolonged 2-year short squeeze. The initial squeeze brought in new retail (and institution
by nemo44x 11y ago
In fact some would say the stock is trading at these levels due to a prolonged 2-year short squeeze. The initial squeeze brought in new retail (and institution) investors forcing margin calls which in turned raised the price more creating more short sellers and retail longs.
I bought stock and options when this was trading at 35 and sold at around 140 as I put my fair market value at about 125 for this company. Would gladly reenter at that price.