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DLucky6636

10/25/17 10:53 AM

#31019 RE: Fullbirt22 #31013

Your guys sounded so innocent. Are you sure you are not trying to mislead the true novice?

To those new to the market, 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. It normally happens when good news is announced catching shorts by surprise.

The current short cover is normal covering done by smart shorts ahead of short squeeze causing good news.


I know, so misled.

The object is to have the price go up as the short interest goes down, not the opposite.