Countrywide: Potential Short Squeeze in the Offing [View article]
A short squeeze is unlikely. For a short squeeze to occur the demand to buy would have to be a lot more than 27 million shares in volume a day. I do not see any such demand. There would have to be some other unforeseen event to artificially raise the share price to get the shorts to start coverig.
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A short squeeze is unlikely. For a short squeeze to occur the demand to buy would have to be a lot more than 27 million shares in volume a day. I do not see any such demand. There would have to be some other unforeseen event to artificially raise the share price to get the shorts to start coverig.
Jun 24 00:22 am
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All Comments by justintime »Countrywide: Potential Short Squeeze in the Offing [View article]