A short squeeze normally refers to short covering that displays characteristics of a panic. That has not yet happened to DECK -- though it is quite possible that it will happen. If it happens, we could see something as dramatic as a ten-point rise in a single day.
One reason today does not qualify as a short squeeze is that today's volume does not show evidence of a panic. The volume is strong, but so far it is not super strong. A five million (or greater) share day would be closer to the panicky behavior of a true short squeeze.
This is not to deny that today we are undoubtedly seeing a lot of short covering. But it might only be a harbinger of things to come.
True and you might be rght. But I do't believe there re as many sharesavailable as people imagine. There is only about 31M outstanding if not less due o the buyback. Out of those shares, Ange and Zohar Ziv own aout 1.5% of the company..Then there are the funds that have bought off the lows.
It doesn't take massive volume o move this up or down.