RE: Shorts down again16 Apr 2021 20:20
DT, a short squeeze generally happens only when the shorters overdo their shorting & news catches them with their pants down. Here, they have been steadily reducing since the refinancing news. Very good news, but not like say a SFO closed case announcement which would no doubt cause a squeeze price action! The shorters exiting here is good news still it just means the rise back to a normal true value level will take decidedly longer!