GM not shortable at IB today. Let the SQEEEEzE begin
- Thread starter stock777
- Start date
Fade any price above 110.96 on DIA, and 123.84 on SPY.
e = effectiveness of squeeze
delta = time between now and bankruptcy
k = proportionality constant
e = k(delta)
Another way to put this is that the propensity of shorts not to cover in a squeeze rises as the likelihood of further business deterioration increases. GM squeezes will be less and less effective as their business deteriorates further.
delta = time between now and bankruptcy
k = proportionality constant
e = k(delta)
Another way to put this is that the propensity of shorts not to cover in a squeeze rises as the likelihood of further business deterioration increases. GM squeezes will be less and less effective as their business deteriorates further.