Yes it tells the story--with 50% plus short the stock this squeeze will last until the weak shorts cover--Hedge funds perhaps have already covered and are waiting to put the trade back on at these levels-there is stock
available to short
Idiot. Nearly all shorts in the $20's and low $30's have covered. To think a stock is attractive because of its high short interest is idiocy. Shorted shares mostly exist in the $35-$38 range now. Im one of them and have no intention to cover until the stock moves back to its historical $25 trading range. GME will be bankrupt by 2015.