Free,
I liked your post, but here's the way I understand it, someone correct me if I am wrong. How much of a squeeze there is will be based on how much we hold out for. We NAME the PRICE, and this is how I understand it will happen.
A squeeze starts, and the shorts may go to this guy or that guy and say I need to buy your shares (not literally, this will all be done by the brokers) and that guy may take .50 but I am holding out and want $10, they will go through everyone that wants below my price, and they may even get to $5 and then bring it back down to $2 to make me think that the squeeze is over,scare tactic, BUT they still have to buy MY shares, NO MATTER WHAT, so eventually they will pay what I want, unless of course the SEC comes in and makes a deal with them, or they go bankrupt, which at that point the MM and brokerage firms would be responsible for paying me.
Unless there is some weird crazy unforseen issue that arises,some loophole that could get them out of it or management decides to make a deal with the shorts (which I doubt very seriously) this is how a squeeze works, so it depends on how much you want to hold out for. There is a certain amount that I want to live comfortably and pay off all my bills, I don't know about the rest of you, but you might want to start thinking about the number you could be happy with, without getting to greedy, that's just bad karma...GO SPNG!!
