short close Today!!17 Jul 2018 09:41
As we creep up slowly shorts are being allowed to exiting avoiding a spike all being controlled to allow the transfer of wealth . However it will only take a sudden panic to cause a squeeze .
A short squeeze is a rapid increase in the price of a stock that occurs when there is a lack of supply and an excess of demand for the stock. Short squeezes result when short sellers cover their positions on a stock, resulting in buying volume that drives the stock price up.