How high will the impending short-squeeze drive the share price?
I bought at 16 mostly because of the dividend and the limited downside. Now that a short-squeeze is beginning to look more inevitable, I'm wondering how high that could drive the shares? I'm thinking that if it goes above 30 in the next month or two, I'd probably sell and then buy back in for the dividend after it drops a little. I'm not usually one to try to time the market, but I've never actually seen a large-cap stock in this position before.
Like the stores, management, growth initiatives and especially like the extreme stock price/cash flow ratio that ileads to rising dividends and giant share repurchases. Shorts...who knows when they cove.