Michael, I like your thinking yet the many retailers here (like me) dread a shake.
That said, with the limited shares available how do you see it working with buyers (both shorts covering and institutions) at lower levels getting what they need? Do you see a squeeze then? How much? Also, in order to take the pps down, the long buyers will have to step aside for a period and then load up along with the shorts? Doesn't seem like enough float to let everyone in (or out for the shorts) at lower prices?
Your knowledge and insight about the trading and institutional strategy is extremely helpful. For me it is always good to try and take out the mystery of what is or might happen. Thanks again.
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