Agreed; however, based on how much LULU went up today and Deck was the last shoe company to join in to the Crox, SKX and NKE rally it did not look like much of a Short Squeeze. I would think that a proper Short Squeeze as you have indicated should lift this stock $10 not $2.50 and dramatically increase the volume.
As indicated I believe in what you are saying and that is why I have not parted with any of my 13000 shares, but at the same time I have not doubled down because I don't see the key ingredient yet to an ideal Short Squeeze - a nice press release or a juicy rumor.
So this is how i understood it:
If the volume is low, which it is extremely, and the price action is moving stronly upward...you have no/low actual buyers going long, but panicing shorts buying back to unwind their position causing bid support to move very fast upward.
Or is this not how a short squeeze works....Im pretty sure this is one of the scenarios I was taught.
Agreed it is much more complex then I indicated.
All I was trying to say is if there is not much selling from long holders then a Short Squeeze will be much larger.
Also on the flip side if there are naked shorts that ar exercised on a specific day then the drop will be more pronounced on that day as it starts to trigger stop losses.
ARE YOU KIDDING ME.this stock is going to 90 after earnings..they just sold record ugg boots..this snow is going to set them free..cramer was right about one thing..he said when a stock hits 80 it goes to 120 and not always but alot of stocks do follow that i noticed and this will be one of them..WAIT TILLEARNINGS THIS MONTH AND THE SHORTS WILL LEAD US THERE