Big short squeeze, page-770

It will be interesting to see what the short level is as of 4th August when the data gets made public. See how much of the current price run up is actually shorts closing. The thing about all of this shortselling and every other time it happens, people are selling their shares when it drops...

So lets say 1/3 of shorts closed their positions up to the end of today, that still leaves around 8% of the company shorted, approx 40 million shares Shorts can only close their positions if people sell into them, it's quite simple really, if you don't sell your shares, then they don't have shares to buy back to close their positions.... but short sellers pull it off every time, so someone is selling a significant amount of shares to them.

I think z1p just attracts a lot of inexperienced investors who buy on run ups, get scared and then sell. It has to right? Who else is selling the level of shares required to close the short positions and make short sellers money basically every time?

Another good question is, who is loaning 12% of the company for shorting purposes?