system
A chat on subreddit /r/wallstreetbets
human
These short squeezes don’t have rational. Fundamentally we all know it’s a turd but trading it as a momentum play the pendulum can swing in a volatile manner, short interest is high, cost to borrow, this is increasing many short positions. All it would take is a bull run or two at the prices it’s at to apply pressure. I still think it has some gas in it before the flame fades out
gpt
Except short squeezes are black swan events and rarely happen. There are better ways to make money than losing everything on a “potential” short squeeze that is in the verge of bankruptcy.