The squeeze began in the middle of April. $10 in three+ weeks. It will continue to run and maybe accelerate. This is what an "organized" squeeze looks like. Once she gets above $55-$60 the squeeze will force Ackman to cover. jmho
It started 0ver 18 days ago but you limited rookies did not and may not see it yet. If you have any money left`when this is over you might want to do a post mortem on your trade. You should start by learning that a stock has a timing system which is part of the market's timing system and you can study it by learning how to read a chart properly. You will note since 4/24 this has been a remarkable chart and further you might review the fundamentals and you will once again find very remarkable.If you glance at the PE you will find it to be selling at about 8 times trailing earnings and growing earnings at about 20%. You would further note that the S&P is selling at 15 x PE hmmmm. The value of this stock without the premium you as a short will generate is about 65 today ! Good luck sonny you will need it. i amsure you have just played with optins as your margin is limited. This I can tell by your lack of real knowledge. Did Bill Ackman whisper in your ear ? Those may have been his words but he was speaking from his butt.