A couple of days ago I checked "short squeeze.com" and short interest was down to 600k and dropping.People aren't selling now and it looks like "loanable" shares aren't being made available.I haven't been asked to loan any this time and I think this run up is catching the shorts off guard possibly.Trying to short now against such a strong rising tide is,IMO,suicide right now.Especially while getting hit with margin calls which must be happening now.
I think we have a more "educated"crop of new shareholders avoiding "stop loss"triggers and holding tight.Almost seems like the buyers were the sellers after Dec.and are now climbing over each other getting back in.Everyone knows a lot of news has built up over the last few months and the conferences will provoke that flood of news.Buyers want in before that happens.They waited till Friday but couldn't risk waiting any longer seeing that the SP wasn't dropping.IMHO
Dr.Kelt