It is a myth. BS. It has happened before but is unlikely here, most of all because most of the shorts are hedged positions. A few weeks ago the price went off the richter scale, the rumours were well known and shorting has increased. They are not stoopid.
MP1: Short Squeeze, page-11
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Last
$8.12 |
Change
-0.150(1.81%) |
Mkt cap ! $1.295B | |||
| Open | High | Low | Value | Volume |
| $8.23 | $8.30 | $8.08 | $16.47M | 2.018M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 14651 | $8.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.19 | 21602 | 2 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| MP1 (ASX) Chart |