I hope you are right. The squeeze guys were thought to be in trouble, too. The only folks who appear to be in trouble are those of us who piled on a bunch of these shares and held. But I will continue to hold and hope some kind of bounce comes.
Shorts are not in trouble. MMs kept shorting as the PPS went up. Now the PPS is down over 60% in two days. Gives them plenty of room to cover now that the buying pressure is anemic.
This is why you ALWAYS sell half when you are up over 100%. Don't get caught up in the unreasonable expectations of others. I may have watched profit shrink, but I certainly did not watch it disappear.