lugan, are you saying you don't read the rah-rah board? cause the myth is alive and well there, actually stronger than ever. i have not checked for weeks, but took a looksy this morning. most posts there are about shorts and short squeeze.
the truth is if there is some sort of meaningful news or no news but a spike in volume, instead of a short squeeze, all you'll see is millions of shares sold short by pp participants. that will quickly kill any unlikely rally. as always, they can short away as much as they can because a week or two later the pp gets officially announced and they proudly receive their 60-cents freshly printed shares (which they have just sold in advance). no need to cover and all:)