Hey Houston (and Shorts)...I think we have a problem.
The VRA float is shrinking and the short interest has grown. Large holder and insider hold 28M of 40M total...shorts are over 12M. Not many shares to be bought...VRA price must go MUCH HIGER, QUICKLY!!
With the way things are going, we could see $40 before Thanksgiving. I'm not counting on it, but I bought TSLA at ~$55 a couple of days before their CC and sold for mid-80s (still kicking myself) a week later. And TSLA was much less shorted than VRA.
I expect the VRA short squeeze to be EPIC; it could easily blow right through $40 due to the shortage of available shares.