I have to admit, I was one of those people who understood the situation the way J. Shell postulates it. However, thanks to mikeymac's explanation, I firmly believe now, that there is a good chance of a short squeeze.
Thank you mikeymac, not only for clearing this point up for me, but also for the time you and your wife spent attending the S/H mtg. and sharing the event with us.
You're a class act!