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The Count

03/24/03 3:11 PM

#14881 RE: idcc2003 #14876

Short squeeze - who cares (other than shorts squeezed)

Unless you are looking to sell in the immediate future (either stock or options), a short squeeze does nothing for the long term stock price. There is a spike up on forced buys, but within days the price comes back to where it should be as traders sell at the artificially high price and new shorts come in.