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GameStop Corp. Message Board

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  • johnmr12 johnmr12 Nov 27, 2012 2:05 PM Flag

    Special Divi Hopes - Sqashed!

    Romeo, what short squeeze are you talking about? On August 1st, the stock was about $16 and the short interest was 49 mil shares. Since that time, the short interest is down to 43 mil, and the price is $27. So, the stock went up 68% and the short interest went down 12%. The short squeeze will happen when short interest goes down 68%. Where do you think the stock price will be then? That's when I will be enjoying the short squeeze, and will probably cash out with a very nice profit. That might be the time to short, but shorting now is insane.

 
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