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Keep in mind that it's in the advantage of every owner to hold the stock and not sell. That is the basis of all squeezes. So it makes sense that there are peopl
by WheelsAtLarge 5y ago
Keep in mind that it's in the advantage of every owner to hold the stock and not sell. That is the basis of all squeezes. So it makes sense that there are people that are coming up with all kinds of stories to keep people from selling no matter the reality that the company is having a hard time due to it's old business model. I think that just the thought that there could be a massive short squeeze will likely negate the possibility of a squeeze. No one will ever take a large short position if there's a chance that the stock can explode up. I'm sure there are many buyers that are holding on for the squeeze but at some point they will tire and sell. If you're interested in the stock buy a few share and hold them and see what happens. But it's a bet, it's not an investment.