MattHall : What does that mean for us that have positions? sorry, I'm still learning
NoNo444 : squeeze if it doesn't drop
Money_Pit_Bull MattHall : means that shorts are trapped and will need to cover fast because how much it went up overnight, meaning they need to buy at lowest possible price in case it goes up more which will cause squeeze
MattHall NoNo444 : So potential for decent profit?
MattHall : What does that mean for us that have positions? sorry, I'm still learning
NoNo444 : squeeze if it doesn't drop
Money_Pit_Bull MattHall : means that shorts are trapped and will need to cover fast because how much it went up overnight, meaning they need to buy at lowest possible price in case it goes up more which will cause squeeze
MattHall NoNo444 : So potential for decent profit?